Initial diagnostics of a regional adjustment model
Adjustment models are used increasingly to analyze population and employment changes inregional economies. However, questions remain about the most appropriate geographic scales and time lags for these models. In this paper we estimate a well-known adjustment model for a recent 25-year period in the USA. Regional population and employment changes (levels and densities) are examined at three scales (states, Bureau of Economic Analysis regions, counties) using various time lags (one to ten years). Two-stage least squares regression estimates, based on Regional Economic Information System data running between 1969 and 1994, are generated and discussed. Analysis is restricted to the core relationships between population and employment; the roles of other exogenous variables, normally included in adjustment models, are not considered. Instead, concern is focused on issues such as stability and directional causality of the interacting population - employment systems. Some brief suggestions regarding future research conclude the paper.
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.
When requesting a correction, please mention this item's handle: RePEc:pio:envira:v:31:y:1999:i:5:p:855-876. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Neil Hammond)
If references are entirely missing, you can add them using this form.