Regional Economics Commons^™

Part 3: The Regional Distribution Of Income, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

We find that income is distributed more equally in Hampton Roads than in many other metropolitan areas and more equally than in the nation as a whole.

Part 2: Regional Economic Growth: The Impact Of Sept. 11 And The War On Terror, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Here we examine both the short-run and long-run impacts of the Sept. 11 terrorist attacks. We also estimate the economic impact on the region of another military deployment of the magnitude of Desert Storm.

Part 4: Religious Life In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Religion occupies a significant role in the region. Religious affiliations and activities are changing more rapidly than many might believe.

Part 7: Newspapers In Hampton Roads: Competition, Coverage And Issues, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

The region is fortunate to have two major daily newspapers plus a plethora of weekly, monthly and topically oriented publications. We examine their news coverage and ask how things might be different if only one major daily newspaper existed.

Part 5: Public Social Services In Hampton Roads: A Primer, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Last year, governments spent nearly $600 million to provide social services within Hampton Roads. These services are part of the "social safety net" of which many regional citizens are ignorant. We detail the programs and their challenges.

Part 6: The Taxes We Pay In Hampton Roads: Where We Are And Recommendations For Change, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Regions differ in terms of which taxes they pay locally, regionally or at the state level. Hampton Roads is a low-tax region in a national context, but is less competitive within the southeastern United States

Price Convergence On World Commodity Markets: Fact Or Fiction, James O. Bukenya, Walter C. Labys

Regional Research Institute Working Papers

Recent attention to the use of commodity market derivatives as a vehicle for reducing the price risks of commodity exporting developing countries has renewed interest in the behavior of primary commodity prices separated by space. For some time a common belief has existed that commodity prices have converged over the last several decades on world markets. Increases in communications, central bank activities and globalization are cited as reasons as to why prices in spatially dispersed markets should become closer. However, the interrelations between business cycles and price instability are likely to reduce this possibility. To analyze this hypothesis, we utilize …

Competition And Complementarity In Local Economic Development: A Nonlinear Dynamic Approach, Richard Healy, Randall Jackson

Regional Research Institute Working Papers

Competition for local economic development has increased dramatically in the past 20 years. This competition is in many cases extremely costly to states and communities, while the benefits are uncertain. If regions whose economic fortunes are complementary could work with instead of against one another, costs of competition could be eliminated, while returns to economic development investments could be enhanced. This paper presents a method by which the underlying spatial economic relationships among areas within a region can be identified. Economic development policy can then be guided by the identification of the competitive or complementary links that exist among areas. …

Race, Migration, And The Social Welfare System During The 1950s And 1960s: How Research Can Mislead The Public Debate, Brian Cushing

Regional Research Institute Working Papers

A large body of empirical research has concluded that, at least during the 1950s and 1960s, the effect of welfare benefits on migration differed significantly by racial group, with blacks being attracted by and whites repulsed by areas that provided high welfare benefits. This study revisits the issue of racial differences in attractiveness to interregional differences in welfare benefits, using data from the U.S. Census of Population and a simultaneous equation model of state-to-state migration that accounts for a variety of economic, amenity, and spatial factors. In contrast to most previous empirical work, there is no statistically significant evidence that …

Parametric And Non Parametric Testing For Income Convergence, James O. Bukenya, Tesfa Gebremedhin, Peter V. Schaeffer

Regional Research Institute Working Papers

This paper examines the degree to which per capita incomes have converged across counties in West Virginia over the last thirty years. The increase in government transfers and, possibly, other government assistance programs would suggest that incomes in spatially dispersed regions/counties within nation-state should become similar over this period. However, the interrelation between business cycles, migration, employment structure and changes in per capita earnings over time reduces this possibility. Comparable county data are obtained for two dissmilar regions: southern and eastern panhandle. The empirical results differ across the different measurement techniques used, but in general, the findings concur with the …

Modeling Migration Effects On Agricultural Lands: A Growth Equilibrium Model, Yohannes G. Hailu, Randall S. Rosenberger

Regional Research Institute Working Papers

Growth in population and employment can result in increased demands on agricultural land for non-agricultural uses. This study develops a growth equilibrium model at the county-level for the state of West Virginia. Each growth model is a structural equation model that addresses the endogeneity of population densities and employment densities. Three single-decade models are specified – 1970s, 1980s, and 1990s using a two-stage least squares regression technique. Each model is unique, reflecting changing population and economic structures over time. For West Virginia, our results suggest that jobs follow people. Population density in 1990 was positively related to areas with higher …

Structural Change Of The Chicago Economy: A Temporal Inverse Analysis, Yasuhide Okuyama, Michael Sonis, Geoffrey Hewings

Regional Research Institute Working Papers

Earlier study (Sonis and Hewings, 1998) proposed an alternative tool that can assist in exploiting trends and uncovering tendencies in individual sectors or groups of sectors within the context of an economy-wide system of accounts. In this paper, the methodology, Temporal Leontief Inverse Analysis, is applied to a set of annual input-output tables for the Chicago metropolitan economy during the period of 1980-97. The results are compared to the earlier analysis (Hewings et al., 1998, Okuyama et al., 2002a, and Okuyama et al. 2002b) to examine the method and to investigate further the structural changes of the Chicago economy.

Linking Economic Model And Engineering Model: Application Of Sequential Interindustry Model (Sim), Yasuhide Okuyama, Hyunwoo Lim

Regional Research Institute Working Papers

A conventional approach to model the regional economic impacts of a catastrophic disaster has been to employ the results from an engineering model, such as lifeline network model, in an economic model, for example input-output framework or computable general equilibrium model. However, due to the differences in modeling scheme between economic and engineering models, this type of data feed creates problems regarding sensitivity and dynamics of the impacts. In this paper, Sequential Interindustry Model (SIM) is used to disaggregate the process of production chronology to become more sensitive to the changes/damages of economic activities under a disaster situation. SIM is …

A Spatial Logit Association Model For Cluster Detection, Ge Lin

Regional Research Institute Working Papers

In this paper, I propose a logit spatial association model for binary spatial events and develop a scan algorithm to search for spatial associations. I extend the traditional logit model with spatial autocorrelated component so that the model includes not only known risk factors, but also spatially autocorrelated regions as a control or explanatory factor. The case study of West Virginia Lung Cancer shows that the model effectively captures cool and hot spots in lung cancer mortality.

Constructing Us Interregional Sams From Implan Data: Issues And Methods, Randall Jackson

Regional Research Institute Working Papers

Many issues arise in the construction of interregional SAMs. In the US, a convenient point of departure is the foundation provided by commodity-by-industry subnational SAMS that can be generated from IMPLAN data. Unfortunately, because the SAMs are generated independently, there is no guarantee of consistency with known national totals. In particular, the sum of IMPLAN generated domestic regional exports across all regions will equal the sum of IMPLAN generated domestic regional imports only by chance. Additionally, while IMPLAN generates total domestic imports and total domestic exports for each region, the analyst must devise an acceptable method for distributing interregional domestic …

Interregion-Occupational Persistence And Dispersion: A Model Of Geographic And Occupational Mobility, Ge Lin, Christiadi

Regional Research Institute Working Papers

This paper represents the first attempt to develop a set of loglinear models that synthesize gravity models of interregional mobility and loglinear models of occupational mobility. The development of the model is progressed from a simple two-way mobility table analysis to a three-way analysis that controls for one aspect of mobility while investigating another and eventually to a four-way analysis that simultaneously assesses the joint effect of occupational and geographic mobility. An example based on data from the 1970 United States census demonstrates that the models can effectively capture the joint effect of occupational and geographic mobility. The results show …

State Enterprise Zone Programs: Have They Worked?, Alan H. Peters, Peter S. Fisher

Upjohn Press

Peters and Fisher evaluate 75 EZs located in 13 states to gain an understanding of the overall effectiveness of state enterprise zones. Faced with a paucity of data on EZs that could be used in standard economic analysis, the authors employ a hypothetical firm model in which they apply various EZ and non-EZ incentives to financial statements created for a set of "typical" firms. Observing the impacts of both types of incentives on firms' financial statements allow Peters and Fisher to predict the firms' resulting behavior. Between these findings and the data accumulated from actual EZs, they are able to …

The Role Of Partnerships In Economic Development And Labor Markets In The United States, Randall W. Eberts, George A. Erickcek

Upjohn Institute Working Papers

This paper describes the role of local partnerships in the delivery of workforce and economic development services in the United States. Partnerships include both public and private organizations and increasingly depend upon local business people for leadership. With grassroots organizations traditionally taking the lead in addressing local issues and a long history of decentralized government, it is not surprising that a labyrinth of partnerships characterize the provision of public services. This paper grew out of a study tour that the Upjohn Institute conducted in conjunction with the Local Employment and Economic Development (LEED) Committee of the Organization for Economic Co-Operation …

The Economic Impact Of Cornerstone Alliance On Berrien County, George A. Erickcek

Reports

No abstract provided.

Volatile Times And Volatile Prices, Matthew A. Diersen

Economics Commentator (1972- 2016)

No abstract provided.

Volatile Times And Volatile Prices, Matthew A. Diersen

Economics Commentator (1972- 2016)

No abstract provided.

Biotechnology -- An Application Of The 'Precautionary Principle', Thomas L. Dobbs

Economics Commentator (1972- 2016)

No abstract provided.

Biotechnology -- An Application Of The 'Precautionary Principle', Thomas L. Dobbs

Economics Commentator (1972- 2016)

No abstract provided.

The Benton Harbor Area Benchmarking Study, George A. Erickcek, Brad R. Watts

Reports

No abstract provided.

Biotechnology -- Some Implications Of Its Use In Agriculture, Evert Van Der Sluis

Economics Commentator (1972- 2016)

No abstract provided.

Biotechnology -- Some Implications Of Its Use In Agriculture, Evert Van Der Sluis

Economics Commentator (1972- 2016)

No abstract provided.

The State Of The Region: Hampton Roads 2001, James V. Koch, Vinod Agarwal, Rob Baade, John R. Broderick, Michael Clemons, Steve Daniel, Jeffrey Harlow, Wil King, Sharon Lomax, Deborah L. Miller, Jim Oliver, Ken Plum, Wayne Talley, Gilbert Yochum

Economics Faculty Books

This is Old Dominion University's second annual "State of the Region" Report. While it represents the work of many individuals connected in various ways to the university, the Report does not constitute an "official" viewpoint of the University, or it's president, Dr. Roseann Runte.

This year's Report was produced with the goal of making Hampton Roads an even better place to live. Those who know and love the region of Hampton Roads frequently boast of its numerous strengths and successes, but we do so with the understanding that it would be possible for us to improve the region's performance in …

St. Joseph County Benchmarking Study, George A. Erickcek, Brad R. Watts

Reports

No abstract provided.

Black-White Segregation, Discrimination, And Home Ownership, Kelly Derango

Upjohn Institute Working Papers

The effect of discrimination on black-white racial segregation is studied using a confidential supplement of the Panel Study of Income Dynamics (PSID). Audit studies reveal that the rate of discrimination in rental housing is substantially higher than in owner-occupied housing. Thus, a variable indicating home ownership is used to proxy for the discrimination rate faced by blacks. The fixed-effects estimates of segregation imply that home ownership is associated with a decline in black-white segregation. This effect decreases slightly at higher income levels but increases substantially with the education of the head of household. Evidence is presented that the effect of …

South Dakota Agriculutral Land Values And Rental Practices: 2001, Burton Pflueger, Larry Janssen

Economics Commentator (1972- 2016)

No abstract provided.