ISSN:
1435-5957
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Geography
,
Economics
Notes:
This paper presents a multiregional simultaneous model of the U.S. manufacturing industry based on the supply-side paradigm, focusing on the behavior of the primary inputs, capital stock and labor force, across the nine Census Regions. The estimated structure shows that the regional investment sensitively responds to the marginal productivity of capital in the respective region relative to the national average, while the net interregional migration basically follows the relative regional wages. As an application, the model is used for evaluating the economic value of migration and analyzing the relationship between the overall national growth and interregional equalisation of income.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/j.1435-5597.1990.tb01194.x
Permalink