In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A strong inverse relationship also exists between the incidence of poverty and small business and economic growth. Thus, the empirical result establishes the linkage between small...

In this paper we develop a spatial panel simultaneous-equations model of business growth, migration behavior, local public services and median household income in a partial lag-adjustment growth-equilibrium framework and utilizing a one-way error component model for the disturbances. This model...

In this paper we develop an autoregressive spatial simultaneous equations model to investigate the county-level determinants of small business growth and median household income in Appalachia during the period 1990-2000. Our GS2SLS and GS3SLS estimation results indicate significant spatial...

This paper examines the relationship between quality of life, health and several socioeconomic variables. The analysis utilizes empirical data obtained from a survey questionnaire administered on a random sample of over 2000 residents in twenty-one counties in West Virginia, and spatial data...

Investment in education to increase economic growth, as one form of human development, has gained economists‟ and policy makers‟ interest. It establishes human capital that makes a substantial contribution to economic and income growth and preserves returns in the form of skilled labor which...