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Full-Text Articles in Economics
Exploratory Spatial Data Analysis Linking Spacestat And Arcview, Luc Anselin, Shuming Bao
Exploratory Spatial Data Analysis Linking Spacestat And Arcview, Luc Anselin, Shuming Bao
Regional Research Institute Working Papers
No abstract provided.
Industry Structure And Earnings Growth During National Business Cycles In Appalachia, F. Carson Mencken
Industry Structure And Earnings Growth During National Business Cycles In Appalachia, F. Carson Mencken
Regional Research Institute Working Papers
Appalachia is a region that has undergone notable socio-economic change over the last twenty years. This change has produced communities of socio-economic “winners” and “losers.” In this paper, I attempt to understand why some communities 'won'and others 'lost'during this period using an analysis informed by two key sociological theories at the opposite end of the structure-agency continuum (new urban sociology, human ecology). The analysis combines shift-share analysis and the Land-Deane two-stage least squares technique for spatial effects to predict earnings change related to local industry mix and county effects for the following business cycles: 1980-82 recession, 1983-88 recovery, 1989-92 recession. …
Local Economic Developers’ Preferences For Industrial Recruitment: A Contingent Valuation Approach, Beth Loy, Scott Loveridge
Local Economic Developers’ Preferences For Industrial Recruitment: A Contingent Valuation Approach, Beth Loy, Scott Loveridge
Regional Research Institute Working Papers
Several arguments in the local economic development policy literature criticize practitioners for their continuing reliance on industrial recruitment, sometimes referred to as smokestack chasing. Why might practitioners rationally prefer this method over other available techniques? One theory is that practitioners face pressure to accomplish something within a short time frame, resulting in a high discount rate for economic development projects. A survey of local economic development practitioners using the contingent valuation technique supports the theory, finding that developers' discount rate is roughly 20%. The survey tests other theories as well.
Is More Planning Better? An Exploration Of Planning Expenditure In Florida, Emily Talen
Is More Planning Better? An Exploration Of Planning Expenditure In Florida, Emily Talen
Regional Research Institute Working Papers
Recently, planning theorists have stressed the need to understand more fully the realities of planning, fueled by the fact that the planning community has little empirical knowledge about its effects. There currently exist very few studies which attempt to quantitatively assess the broader socioeconomic corollaries of planning activity. The purpose of this paper is to demonstrate one approach to understanding these corollaries by attempting to link planning activity (the "input") with various community or countrywide characteristics (the "output"). The paper uses exploratory data analysis to investigate the relationship between planning expenditure, as a measure of planning activity, and a variety …
Interactive Techniques And Exploratory Spatial Data Analysis, Luc Anselin
Interactive Techniques And Exploratory Spatial Data Analysis, Luc Anselin
Regional Research Institute Working Papers
This chapter reviews the ideas behind interactive and exploratory spatial data analysis and their relation to GIS. Three important aspects are considered. First, an overview is presented of the principles behind interactive spatial data analysis, based on insights from the use of dynamic graphics in statistics and their extension to spatial data. This is followed by a review of spatialised exploratory data analysis (EDA) techniques, that is, ways in which a spatial representation can be given to standard EDA tools by associating them with particular locations or spatial subsets of the data. The third aspect covers the main ideas behind …
Estimating Bank Lending Risk And Its Effect On Asset Allocation, David J. Sorenson
Estimating Bank Lending Risk And Its Effect On Asset Allocation, David J. Sorenson
Regional Research Institute Working Papers
The amount of risk that banks assume in lending is a key consideration in the amount of lending that banks ultimately will do. The relationship between default risk and lending levels is addressed here by deriving risk measures based on local economic industry mixes and locational characteristics of bank groups and then testing the degree to which differences in risk in local lending markets affect the asset allocation decisions of banks. FDIC call report data for West Virginia banks are combined with quarterly sectoral failure rate data and earnings data by sectors for the analysis.
External Ownership And Bank Lending Behavior: Empirical Evidence Using Control Group Methods, Andrew Isserman, Kimberly Dinjar Mencken
External Ownership And Bank Lending Behavior: Empirical Evidence Using Control Group Methods, Andrew Isserman, Kimberly Dinjar Mencken
Regional Research Institute Working Papers
As banking systems have become more integrated on both the international and national scales, banks in peripheral regions have been purchased by larger banks headquartered outside those regions. These externally controlled banks allegedly siphon funds from the regions by taking deposits but curtailing their lending activity. Such a practice would retard regional economic development efforts by making it more difficult for local businesses and residents to obtain commercial and industrial loans.
Estimating Interregional Price Indexes: Opportunities And Pitfalls, Laura A. Blanciforti
Estimating Interregional Price Indexes: Opportunities And Pitfalls, Laura A. Blanciforti
Regional Research Institute Working Papers
Many economists recognize the importance of accounting for retail price variation when comparing standards of living between geographic areas. Such indexes are used to allocate education funds, for calculating income transfers, and in relocation decisions. Currently, public policy shows a trend toward giving states more control over the distribution of federal monies through block grant programs. However, many states do not have a system for measuring price variations and use the US CPI or an index for a major city within their state to estimate cost of living variation within a state. They do not account for the tastes and …