{"title":"Economic Downturn, Change in Unemployment, and the Midwest: A Quantile Regression Approach","authors":"Kathryn G. Arano, Arundhati Srinivasan","doi":"10.52324/001c.34680","DOIUrl":"https://doi.org/10.52324/001c.34680","url":null,"abstract":"","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"92 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2022-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76853458","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Vicente German-Soto, Alma Leticia Rodríguez Hernández
{"title":"Measuring Knowledge-capital Stock and Its Relationship with Economic Growth in the Mexican States","authors":"Vicente German-Soto, Alma Leticia Rodríguez Hernández","doi":"10.52324/001c.31062","DOIUrl":"https://doi.org/10.52324/001c.31062","url":null,"abstract":": This work proposes a new technique for measuring knowledge capital that applies the concept of Euclidian distance to factors often considered pillars of knowledge. Importantly, this methodological proposal can suitably treat variables assessed using different measurement units and scales. The empirical exercise considers the 32 Mexican states between 2000 and 2016, with results classifying the economies into high and low knowledge levels and estimates of the link between knowledge and economic growth, confirming the hypothesis of decreasing returns and demonstrating a positive relationship with knowledge capital. The conclusions recommend strengthening knowledge capital in all regions to boost economic growth and transition to a knowledge economy.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"15 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2021-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87620950","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Are We in the 4th Wave of Economic Development?","authors":"S. Deller","doi":"10.52324/001c.30813","DOIUrl":"https://doi.org/10.52324/001c.30813","url":null,"abstract":": How states, as well as communities, have approached economic growth and development policy has varied over time, going through various stages or waves. The idea that we have gone through three such stages or waves has been widely discussed and studied by both academics and practitioners. In this address, I lay out a series of arguments that we have entered a fourth stage or wave in how communities approach economic growth and development. Specifically, communities are refocusing their attention less so on promoting business development and more on making their community attractive to people. Sometimes referred to as “place-making,” the idea is that if we make the community as attractive to people as possible, people will want to live in the community and create business opportunities. This shift from focusing on people rather than businesses is fundamental to how communities think about economic growth and development.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"88 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2021-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89802885","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Effects of Speed Cameras on Intersection Accidents: Evidence from Dayton","authors":"Kevin Willardsen","doi":"10.52324/001c.30972","DOIUrl":"https://doi.org/10.52324/001c.30972","url":null,"abstract":": Over 30,000 people die annually in automobile accidents in the United States, which equates to about 10 in every 100,000 deaths. Empirical evidence on the effectiveness of speed cameras is mixed primarily due to the endogeneity of the timing and placement of the cameras. I am able to circumvent these issues by leveraging multiple court cases and political infighting that turn the cameras off, on, and off again on two separate data sets. Using a before-after and a difference-in-differences estimator over a twenty-year period, I find all three exogenous shocks suggest roughly the same effect. Speed cameras are weakly effective at preventing the total number of monthly accidents (0.3), certain types of “Angle” accidents (0.15), and most importantly, the severity of those accidents (0.14), which equate to about an 18.5%, 20%, and 41% decrease respectively.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"1 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2021-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82753370","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Information Interventions and Postsecondary Enrollment: Evidence from Appalachian Ohio","authors":"Cullen T. Wallace","doi":"10.52324/001c.27973","DOIUrl":"https://doi.org/10.52324/001c.27973","url":null,"abstract":"This paper examines a series of high school-level interventions designed to encourage college attendance in a historically underperforming region, Appalachian Ohio. High schools received competitive grants to combat information frictions regarding postsecondary enrollment---through campus visits, college fairs, financial aid seminars, etc. I estimate the effect of these competitive grants on postsecondary enrollment. Only Appalachian high schools were eligible for the program, and I exploit this policy-induced variation in treatment allocation to compare college attendance rates for high schools that received funding and similar, non-Appalachian high schools that were ineligible for the program using a difference-in-differences framework. Leveraging multiple datasets and treatment specifications, I document two findings: i) while college attendance generally rose during treatment, no evidence indicates that the grants increased attendance relative to similar yet untreated schools and ii) there is no evidence that attendance patterns shifted to higher-quality institutions.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"6 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2021-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86744114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How Many Members of the Creative Class Should a City Seek to Attract?","authors":"A. Batabyal","doi":"10.52324/001c.27972","DOIUrl":"https://doi.org/10.52324/001c.27972","url":null,"abstract":"In this note, we focus on the decision problem faced by a city authority (CA) who seeks to attract members of the creative class to her city by providing a local public good (LPG). We construct a stylized model of this interaction and shed light on three questions. First, we determine the optimal number of creative class members to attract when the CA maximizes the utility of each member who chooses to reside in the city. Second, assuming the CA provides the LPG optimally given the total number of resident members, we compute the loss borne by this CA from having a suboptimal number of members living in the city. Finally, we ascertain what number of members living in the city maximizes the total utility obtained by the CA and then compare this answer with our answer to the first question stated above.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"29 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2021-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87292912","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How Does the Age Structure Affect Local Economies in the US?","authors":"Xiaochen Zhang","doi":"10.52324/001c.27971","DOIUrl":"https://doi.org/10.52324/001c.27971","url":null,"abstract":"This study examines the impacts of population aging on a wide range of economic indicators from a regional perspective. Many countries, including the United States, are experiencing demographic aging. This may have a dramatic impact on both the national and sub-national economies. However, there is little consensus about its impact on local sub-national economies. This study uses regional variation in age structure to explain economic outcomes at the metropolitan statistical areas (MSAs) level. In order to identify causal effects, Mahalanobis distances were calculated to identify the matched cities as instrumental variables. The study finds that regions with older age structures tend to have higher growth rates of GDP per capita and lower growth rates of unemployment, but such positive effects are likely to fade away in the long run. Additionally, there is no significant impact of age composition on income. The choice of variables is critical as it can lead to mixed results. The results are robust before, during and after the economic recession. Quantile regression is also used to explore potential heterogeneous effects among MSAs. The results show that MSAs, regardless of their size, are uniformly affected by the age structure.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"100 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2021-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79329967","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Place Prosperity and the Intergenerational Transmission of Poverty","authors":"N. Tilahun, J. Persky, Jaeyong Shin, M. Zellner","doi":"10.52324/001c.27974","DOIUrl":"https://doi.org/10.52324/001c.27974","url":null,"abstract":"Much new work in urban and regional economics has emphasized the importance of place prosperity. This study focuses on the determinants of adult poverty and the contribution of place prosperity in damping the intergenerational transmission of poverty. Childhood poverty is a major predictor of adult poverty. We consider how such intergenerational transmission is affected by metropolitan and neighborhood (census tract) prosperity. To capture the temporal dynamics of this process, the model explored here is recursive in nature. We use longitudinal microdata from the Panel Study of Income Dynamics. Location variables at the census tract and metropolitan levels, family variables, and poverty status are observed for our subjects over multiple years both in childhood and adulthood. Neighborhood and metropolitan prosperity are measured in terms of average incomes adjusted for purchasing power parity differences. The standardized neighborhood prosperity direct effect on adult poverty is strongly significant and its total effect is twice as large. On the other hand, the standardized direct effect of metropolitan prosperity and its total effect are small and insignificant. But even neighborhood effects are modest compared to standardized effects of childhood poverty, race, mother's education and own education. At least with respect to these data, the recent emphasis on place variables would seem to be overstated.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"10 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2021-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72581777","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Old and New Approaches for Spatially Varying Coefficient Models","authors":"D. Lambert","doi":"10.52324/001c.27969","DOIUrl":"https://doi.org/10.52324/001c.27969","url":null,"abstract":"This note compares old and new methods for modeling spatial heterogeneity with spatially varying parameter (SVP) models. Older methods considered include spatial expansion, spatial adaptive filtering, and geographically weighted regression. Newer methods that have emerged since the beginning of the 21st include smooth transition autoregression, spatial Gaussian process, and random parameter models with autoregressive processes. A simulation is used to graphically demonstrate differences between the approaches. Regional scientists planning on using any one of these approaches should carefully consider whether the data generating process they are working with is consistent with the assumptions an SVP maintains regarding spatial heterogeneity.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"17 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2021-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91373980","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}