A locational analysis of growth and change in American metropolitan areas
This article examines the process of growth and change within the American constellation of metropolitan areas. It begins with the premise that regional development happens in two interconnected ways: via demand-induced growth, which is driven by economic opportunity, and supply-induced growth, which is driven by personal preference. The nature and spatial outcome of these mechanisms are investigated by estimating a series of three-equation regional adjustment models wherein changes in population density, employment density, and the average annual wage are endogenously determined. In order to account for spatial dependence in the development process, each model is specified with spatial lags of its three dependent variables and is estimated using a spatial two-stage least squares technique. The results of the analysis illustrate the evolving nature of metropolitan growth and yield insight into the land use patterns that it produces. Copyright (c) 2008 the author(s). Journal compilation (c) 2008 RSAI.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 87 (2008)
Issue (Month): 2 (06)
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=1056-8190|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kelejian, Harry H & Prucha, Ingmar R, 1998.
"A Generalized Spatial Two-Stage Least Squares Procedure for Estimating a Spatial Autoregressive Model with Autoregressive Disturbances,"
The Journal of Real Estate Finance and Economics,
Springer, vol. 17(1), pages 99-121, July.
- Harry H. Kelejian & Ingmar R. Prucha, 1997. "A Generalized Spatial Two Stage Least Squares Procedure for Estimating a Spatial Autoregressive Model with Autoregressive Disturbances," Electronic Working Papers 97-002, University of Maryland, Department of Economics, revised Aug 1997.
- Graves, Philip E. & Mueser, Peter R., 1993. "The role of equilibrium and disequilibrium in modeling regional growth and decline: a critical reassessment," MPRA Paper 19915, University Library of Munich, Germany.
- Mark D. Partridge & Dan S. Rickman, 2006. "An SVAR Model of Fluctuations in U.S. Migration Flows and State Labor Market Dynamics," Southern Economic Journal, Southern Economic Association, vol. 72(4), pages 958-980, April.
- Roback, Jennifer, 1982. "Wages, Rents, and the Quality of Life," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1257-1278, December.
- Boarnet Marlon G., 1994. "The Monocentric Model and Employment Location," Journal of Urban Economics, Elsevier, vol. 36(1), pages 79-97, July.
- Bernard Fingleton & Danilo Igliori & Barry Moore, 2005. "Cluster Dynamics: New Evidence and Projections for Computing Services in Great Britain," Journal of Regional Science, Wiley Blackwell, vol. 45(2), pages 283-311.
- Ben R. Craig & William E. Jackson & James B. Thomson, 2004. "On SBA-guaranteed lending and economic growth," Working Paper 0403, Federal Reserve Bank of Cleveland.
- Kelejian, Harry H. & Prucha, Ingmar R., 2004. "Estimation of simultaneous systems of spatially interrelated cross sectional equations," Journal of Econometrics, Elsevier, vol. 118(1-2), pages 27-50.
- G F Mulligan & A C Vias & S M Glavac, 1999. "Initial Diagnostics of a Regional Adjustment Model," Environment and Planning A, , vol. 31(5), pages 855-876, May.
- G F Mulligan & A C Vias & S M Glavac, 1999. "Initial diagnostics of a regional adjustment model," Environment and Planning A, Pion Ltd, London, vol. 31(5), pages 855-876, May.
- Graves, Philip E. & Linneman, Peter D., 1979. "Household migration: Theoretical and empirical results," Journal of Urban Economics, Elsevier, vol. 6(3), pages 383-404, July.
- Steven C. Deller & Tsung-Hsiu (Sue) Tsai & David W. Marcouiller & Donald B.K. English, 2001. "The Role of Amenities and Quality of Life In Rural Economic Growth," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(2), pages 352-365.
- Partridge, Mark D. & Rickman, Dan S., 2003. "The waxing and waning of regional economies: the chicken-egg question of jobs versus people," Journal of Urban Economics, Elsevier, vol. 53(1), pages 76-97, January.
- Mueser Peter R. & Graves Philip E., 1995. "Examining the Role of Economic Opportunity and Amenities in Explaining Population Redistribution," Journal of Urban Economics, Elsevier, vol. 37(2), pages 176-200, March.
- Peter Kennedy, 2003. "A Guide to Econometrics, 5th Edition," MIT Press Books, The MIT Press, edition 5, volume 1, number 026261183x, December. Full references (including those not matched with items on IDEAS)