U.S. Micropolitan Area Growth: A Spatial Equilibrium Growth Analysis
AbstractBecause micropolitan areas have only relatively recently been defined, little is known about their comparative economic performance. Part of the interest in micropolitan areas stems from the successful ones often growing to become metropolitan areas. This paper examines micropolitan area growth during the 1990s, a period of strong national growth. A spatial equilibrium growth framework and estimated reduced-form regressions containing an extensive number of variables are used to assess the sources of differentials in micropolitan area growth. To varying degrees, at various levels, and through various channels, it is found that household amenity attractiveness, firm location considerations, and housing supply policies, all underlie micropolitan area growth differentials.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 40394.
Date of creation: 31 Jul 2012
Date of revision:
Micropolitan; Regional Growth; Amenities;
Other versions of this item:
- Davidsson, Michael & Rickman, Dan S., 2011. "U.S. Micropolitan Area Growth: A Spatial Equilibrium Growth Analysis," The Review of Regional Studies, Southern Regional Science Association, vol. 41(2,3), pages 179-203, Fall, Win.
- R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-08-23 (All new papers)
- NEP-GEO-2012-08-23 (Economic Geography)
- NEP-URE-2012-08-23 (Urban & Real Estate Economics)
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