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U.S. Micropolitan Area Growth: A Spatial Equilibrium Growth Analysis

Author

Listed:
  • Davidsson, Michael

    (Oklahoma State University)

  • Rickman, Dan S.

    (Oklahoma State University)

Abstract

Because U.S. micropolitan areas have only relatively recently been awarded official status, little is known about their comparative economic performance. Yet, since their inception economic performance among micropolitan areas has received considerable attention from the public and local area policymakers. 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. Overall, differences in productivity growth appeared to primarily underlie micropolitan area growth differentials, though household amenities and the elasticity of housing supply also appeared to be nearly as important.

Suggested Citation

  • 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.
    • Handle: RePEc:rre:publsh:v:41:y:2011:i:2:p:179-203
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    Cited by:

    1. Bienvenido S. Cortes, 2021. "A Model Of Micropolitan Area Sensitivity To The Business Cycle: Evidence From The Plains Region," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 15(1), pages 61-76.
    2. Davidsson, Michael & Cortes, Bienvenido, 2017. "The Role of the Housing Supply and the Regulatory Environment in Economic Growth of Micropolitan Statistical Areas," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 47(1).
    3. Gordon Mulligan & Randall Jackson & Amanda Krugh, 2013. "Economic base multipliers: a comparison of ACDS and IMPLAN," Regional Science Policy & Practice, Wiley Blackwell, vol. 5(3), pages 289-303, August.

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    More about this item

    Keywords

    micropolitan; regional growth; spatial equilibrium;
    All these keywords.

    JEL classification:

    • 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
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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