Because disciplines and their cores and boundaries are subject to change, a periodic introspective assessment can be useful in evaluating the relevance of a changing discipline to the equally dynamic and pressing needs of society. Similar examinations of other disciplines, notably economics,...

This paper develops a simple two-region endogenous growth model in which individuals must choose where to reside and the government decides the amount of productive public investments for each area. In such a framework, we analyze the implications of a change in government’s regional policy on...

Entrepreneurship is becoming an important economic development strategy for communities across the nation. This research distinguishes between innovative and non-innovative entrepreneurs as well as “traditional” entrepreneurs – percent nonfarm proprietors of total employed – across...

This study adds to the abundant and rich literature on the Tiebout sorting hypothesis by investigating the motivation for intra-county migration within a state, the move from one municipality to another municipality within the same county. Using the data available from the Census on intra-county...

Because U.S. micropolitan areas have only relatively recently been awarded official status, little is known about their comparative economic performance. Yet, since their inception economic performance among micropolitan areas has received considerable attention from the public and local area...

The study employs quarterly data from 1958:I to 2010:IV to analyze how state earnings respond to oil price changes. We allow for asymmetric and nonlinear reactions of state earnings through a smooth regime switching model. Fourteen of the 50 states are best modeled with a two regime model. The...

This analysis examines the effects of reducing the supply of foreign-born labor on the Idaho economy. We estimate effects on gross state product, state and local tax revenue, total economic output, employment, wages, and changes in household welfare measured as equivalent variation. Estimates of...

In his Presidential Address, Professor Woodward uses South Carolina’s economic development experience as a case study of significant challenges in regional development. The state has re-industrialized and emerged as a leader in attracting capital investment through generous financial...

Returns to education are mainly influenced by the characteristics of the individual. However, returns also depend on location characteristics, suggesting location premia can exist for educational attainment. This paper analyzes regional variations to returns from education using Swedish...

This piece examines the local tourism-related expenditures made by attendees at large, outdoor popular music concerts held from 2010 to 2012 in Bangor, Maine. A regression analysis of the relationship between monthly taxable retail sales—e.g., restaurant and lodging sales—and the number of...