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Article
An Analysis of Regional Economic Growth In the US Midwest
Review of Agricultural Economics
  • 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
Document Type
Article
Publication Date
3-1-2007
Abstract
In this paper, we examine more closely some of the 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 hypotheses by introducing a large number of growth-related variables. When formulating our hypotheses and specifying our growth model, we make liberal use of geographic mapping software to describe the data so as to "paint" a picture of where growth spots exist. Our empirical estimation indicates amenities, state and local tax burdens, population density, 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 US Midwest" Review of Agricultural Economics Vol. 29 Iss. 1 (2007) p. 17 - 39
Available at: http://works.bepress.com/john-miranowski/5/