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An Analysis of Regional Economic Growth in the U.S. Midwest
CARD Working Papers
  • Daniel C. Monchuk, University of Southern Mississippi
  • John A. Miranowski, Iowa State University
  • Dermot J. Hayes, Iowa State University
  • Bruce A. Babcock, Iowa State University
Publication Date
4-1-2005
Series Number
05-WP 392
Abstract
In this paper we examine some of the economic forces that underlie economic growth at the county level. In an effort to describe a much more comprehensive regional economic growth model, we address a variety of different growth hypotheses by introducing a large number of growth related variables. When formulating our hypotheses and specifying our growth model we make liberal use of GIS (geographical information systems) mapping software to "paint" a picture of where growth spots exist. Our empirical estimation indicates that amenities, state and local tax burdens, population, amount of primary agriculture activity, and demographics have important impacts on economic growth.
Citation Information
Daniel C. Monchuk, John A. Miranowski, Dermot J. Hayes and Bruce A. Babcock. "An Analysis of Regional Economic Growth in the U.S. Midwest" (2005)
Available at: http://works.bepress.com/dermot_hayes/48/