Florina Salaghe, P. Watson, Haley Hildebrandt, Malieka Landis
{"title":"Business Climate in the Eye of the Employer","authors":"Florina Salaghe, P. Watson, Haley Hildebrandt, Malieka Landis","doi":"10.52324/001C.12256","DOIUrl":"https://doi.org/10.52324/001C.12256","url":null,"abstract":": What constitutes a “good business climate” is often couched in monolithic and diametrically opposed terms of low taxes versus high public services. However, there is likely considerable heterogeneity across firms in their preferences for the trade-off between higher taxes and the public services they provide. Using a novel primary data set of firm expansion and relocation decisions, this analysis investigates how firms in relatively high-paying sectors express their preferences for a variety of local “business climate” attributes relative to firms in lower-paying sectors. The findings show evidence that firms in low-wage sectors view a “good business climate” differently than firms in high-wage sectors.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"72 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2020-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84572699","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":"Estimating the Regional Economic Impacts of First Nation Spending in Saskatchewan, Canada","authors":"Omid Mirzaei, D. Natcher, E. Micheels","doi":"10.52324/001C.12056","DOIUrl":"https://doi.org/10.52324/001C.12056","url":null,"abstract":"It has been suggested that provincial and national multipliers may provide incorrect estimates of the economic impacts when examining distinct communities. Using data collected from a comprehensive survey of household spending on two First Nations in Saskatchewan, Canada, we use Input-Output models to refine regional multipliers for these distinct populations. We also estimate the rate of economic leakage and the economic impacts of First Nation spending. Results indicate that economic leakage rates for First Nation economies is roughly 90 percent; meaning that 90 cents of every dollar spent by First Nations for goods and services occurs off-reserve. Using our new multipliers, we find that First Nation spending contributes over $741 million to Saskatchewan's GDP, creates approximately 11,244 full-time jobs, and leads to an estimated increase of over $462 million in labor force income for the province. If policy makers intend to build on-reserve economies, strategies must be found to recapture off-reserve spending by providing comparable on-reserve goods and services. In the absence of on-reserve economic development, First Nation economic growth will likely remain stagnant with few wealth generating opportunities and lower standards of living for First Nation members.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"2 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2020-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89193846","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":"The Impact of Sea Level Rise on Real Estate Prices in Coastal Georgia","authors":"Jason Beck, Meimei Lin","doi":"10.52324/001C.11643","DOIUrl":"https://doi.org/10.52324/001C.11643","url":null,"abstract":"This paper adopts a hedonic pricing model to study the impact of vulnerability to inundation from sea level rise on home prices in Savannah, Georgia. We find that homes most at risk from sea level rise are associated with an approximate 3.1 percent price discount. The results are consistent with prior studies, which uses data from different locations in U.S. coastal areas. We also find that the discount is more significant in our later sample period, indicating that house buyers may be becoming more aware of the climate risk. This paper contributes to the understanding of house pricing factors in the study area regarding the sea level rise effects.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"50 1","pages":"43-52"},"PeriodicalIF":0.9,"publicationDate":"2020-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45925740","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}
C. Carpenter, F. C. Mencken, C. Tolbert, Michael C. Lotspeich
{"title":"Locally Owned Bank Concentration and Business Start-Ups and Closures in U.S. Metropolitan, Micropolitan, and Rural Counties from 1980-2010","authors":"C. Carpenter, F. C. Mencken, C. Tolbert, Michael C. Lotspeich","doi":"10.52324/001c.11479","DOIUrl":"https://doi.org/10.52324/001c.11479","url":null,"abstract":"Access to financial capital is vital for the sustainability of the local business sector. Recent research on the restructuring of the financial industry from local owned banks to interstate conglomerates has raised questions about the impact on local economies, especially in rural areas. We examine the impact of bank ownership concentration on business formations, continuations, and deaths in metropolitan, micropolitan, and rural non-core U.S. counties. Using limited-access Census data, we find that local bank concentration is positively related to business births and deaths, or churn, in rural counties, but the opposite effects occur in metropolitan areas. We demonstrate robustness to several specifications and spatial spillover effects.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"119 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89450906","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":"City-Specific Racial Differences in the Labor Supply of Women","authors":"J. Gardner, Natalia A. Kolesnikova","doi":"10.52324/001c.11212","DOIUrl":"https://doi.org/10.52324/001c.11212","url":null,"abstract":"Theoretical and empirical analyses typically ignore geographic variation in female employment and racial differences in female employment outcomes. We document that there is substantial heterogeneity in female employment with respect to geographic location, race, and their interaction. We show that a parsimonious set of area-level controls explains a substantial portion of that heterogeneity. Our results suggest that analyses that ignore geographic variation may misstate the determinants of female employment, possibly producing erroneous conclusions and policy prescriptions. They also suggest that understanding geographic heterogeneity is crucial to understanding racial differences in female employment as well as female employment itself.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"61 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-12-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83912387","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":"The Rust Belt, the Sunbelt, and the Concentration of Poverty Within Large U.S. Cities","authors":"S. Hegerty","doi":"10.52324/001c.11161","DOIUrl":"https://doi.org/10.52324/001c.11161","url":null,"abstract":"Previous research that has quantified the dispersion of U.S. urban poverty has often focused on metropolitan areas rather than on central cities themselves. Detroit, for example, shares a region with wealthy suburbs and thus appears to have concentrated poverty, but the city itself is uniformly poor and has few pockets of wealth. This study calculates four measures of household poverty concentration across block groups inside 74 U.S. cities, finding poor Rust Belt cities such as Detroit to have diffuse poverty. We also isolate a group of low-poverty, high-concentration cities in the U.S. South and West, as well as outliers that include Sunbelt cities with more diffuse poverty than predicted. Regression analysis finds the poverty rate itself to explain most of the variation in poverty concentration, with ethnic composition and the share of service employment also playing a potential role. Calculating changes in tract level poverty distributions from 2010 to 2015, we find that the concentration of poverty has decreased overall and that growth in the share of Hispanic residents might help explain these decreases.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"26 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85537126","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":"Population Dynamics and Spatial Dependence: Evidence from Brazilian Cities","authors":"D. Silva, R. S. Neto","doi":"10.52324/001c.11127","DOIUrl":"https://doi.org/10.52324/001c.11127","url":null,"abstract":"This paper focuses on Brazil's population dynamics between 1970 and 2010. The first objective is to explore the behavior of Brazil's population distribution, revisiting the traditional rank-size rule and Markov chain approaches. To increase the accuracy of the information on the dynamics and evolution of the population distribution, spatial dependence is introduced through spatial Markov chains. The distribution shape may indicate that divergence in population size of minimum comparable areas (MCAs) is decreasing. The Zipf's law estimation indicates that the population distribution is, every decade, moving away from Pareto law. The Markov chain approach indicates, as main evidence, the high persistence of MCAs to remain in their own class size from one decade to another over the entire period, and that different spatial contexts have different effects on regional transitions.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"114 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79937118","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":"A Quantile Regression Approach to Examine Changes in County Unemployment Rates in Indiana during the Great Recession","authors":"Arundhati Srinivasan, Kathryn G. Arano","doi":"10.52324/001c.11094","DOIUrl":"https://doi.org/10.52324/001c.11094","url":null,"abstract":"We take a closer look at changes in county unemployment rates in Indiana during the Great Recession and evaluate how local population and the mix of sectoral employment influence these patterns. Using a quantile regression approach, we specifically observe the impacts on counties on both tails of the changes in unemployment distribution. We find the impact of sectoral composition of a county’s workforce depends on its geographical classification. Overall, greater reliance on pro-cyclical industries, most notably manufacturing, magnifies the increases in unemployment during the recession. This effect is further amplified for MSA counties. In contrast, counter-cyclical industries, education in particular, insulates the counties in the top 10th percentile of the distribution of changes in unemployment rates, and a stronger insulation effect is observed for MSA counties. At the bottom 10th percentile, education marginally amplifies changes in unemployment rates for MSA counties, whereas it insulates non-MSA counties from the same distribution.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"26 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81195179","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":"Universities, Agglomeration, and Regional Innovation","authors":"Michael J. Orlando, Michael A. Verba, S. Weiler","doi":"10.52324/001c.10940","DOIUrl":"https://doi.org/10.52324/001c.10940","url":null,"abstract":"Urban agglomeration is an important correlate to regional innovation. Large population centers pool knowledge workers and facilitate spillovers essential to innovative activity. And large populations provide more cost-effective locations for non-labor inputs to innovation, including local infrastructure that may facilitate innovative activity. However, university locations may also agglomerate these innovative in-puts, even absent the agglomerative effects of large populations. Regional policymakers may find it useful to differentiate between various correlates to innovation. This paper exploits the collinearity of universities and population with regional human capital to apportion the relationship between these regional correlates of innovation into human-capital related and non-human-capital related channels. We identify a correlation between universities and regional innovation that reflects a relationship between innovation and regional human capital correlated with university presence. None of this relationship can be apportioned to factors correlated with university presence and uncorrelated with local human capital. A key methodological contribution of this paper is the analytical framework, which can be extended to a larger number of aggregate factors and causal channels.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"10 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83835044","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}
A. V. Sandt, Sarah A. Low, B. Jablonski, S. Weiler
{"title":"Place-Based Factors and the Performance of Farm-Level Entrepreneurship: A Spatial Interaction Model of Agritourism in the U.S.","authors":"A. V. Sandt, Sarah A. Low, B. Jablonski, S. Weiler","doi":"10.52324/001c.10800","DOIUrl":"https://doi.org/10.52324/001c.10800","url":null,"abstract":"We apply farm-level data to a two-stage model to explore how three different theories of comparative advantage influence the propensity of a farm or ranch to adopt an agritourism enterprise and the level of economic activity tied to that enterprise. Findings suggest that a county's entrepreneurial spirit and scenic byways increase the propensity to adopt agritourism, but natural endowments and agglomeration are the primary drivers of agritourism economic activity. Results should assist policy makers as well as rural economic development researchers in leveraging community strengths to increase economic activity in the agritourism industry and its surrounding rural economies.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":"32 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2019-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79542318","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}