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A Supply‐Side Interregional Model Of The U.S. Manufacturing Industry: 1960‐781

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  • Makoto Nobukuni
  • F. Gerard Adams

Abstract

ABSTRACT This paper presents a multiregional simultaneous model of the U.S. manufacturing industry based on the supply‐side paradigm, focusing on the behavior of the primary inputs, capital stock and labor force, across the nine Census Regions. The estimated structure shows that the regional investment sensitively responds to the marginal productivity of capital in the respective region relative to the national average, while the net interregional migration basically follows the relative regional wages. As an application, the model is used for evaluating the economic value of migration and analyzing the relationship between the overall national growth and interregional equalisation of income.

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  • Makoto Nobukuni & F. Gerard Adams, 1990. "A Supply‐Side Interregional Model Of The U.S. Manufacturing Industry: 1960‐781," Papers in Regional Science, Wiley Blackwell, vol. 68(1), pages 71-81, January.
    • Handle: RePEc:bla:presci:v:68:y:1990:i:1:p:71-81
    DOI: 10.1111/j.1435-5597.1990.tb01194.x
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    Cited by:

    1. Cancelo, M.Teresa & Guisan, M.Carmen & Frias, Isidro, 2001. "Supply and Demand on Manufacturing Output in OECD countries: econometric models and specification test," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(2), pages 7-42.

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