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This paper examines the nature of uncertainty in integrated econometric+input-output (ECIO) regional models. We focus on three sources of uncertainty: (a) econometric model parameter uncertainty; (b) econometric disturbance term uncertainty; and (c) input-output coefficient uncertainty. Through...
Persistent link: https://www.econbiz.de/10005484952
REY S. J. and MONTOURI B. D. (1999) US regional income convergence: a spatial econometric perspective, Reg. Studies 33 , 143-156. This study reconsiders the question of US regional economic income convergence from a spatial econometric perspective. Recently developed methods of exploratory...
Persistent link: https://www.econbiz.de/10005457662
Climate change is likely to result in increased aridity, lower runoff, and declining water supplies for the cities of the Southwestern United States, including Phoenix. The situation in Phoenix is particularly complicated by the large number of water providers, each with its own supply...
Persistent link: https://www.econbiz.de/10010794602
This presidential address will contrast two worlds of science. The first, and the one we regional scientists currently find ourselves embedded within, is what I will call captured science. While this is our status quo, it is not generally what holds everywhere in the broader scientific community...
Persistent link: https://www.econbiz.de/10010845617
The development of exploratory spatial data analysis methods is an active research domain in the field of geographic information science (GIS). At the same time, the coupled space-time attributes of economic phenomena are difficult to be represented and examined. Both GIS and economic geography...
Persistent link: https://www.econbiz.de/10010845622
The paper introduces a spatial decomposition of the Gini coefficient that supports the detection of spatial autocorrelation conjointly with an indicator of overall inequality. An additive pairwise decomposition based on a spatial weights matrix partitions inequality between observations that are...
Persistent link: https://www.econbiz.de/10010846111
Markov chains have become a mainstay in the literature on regional income distribution dynamics and convergence. Despite its growing popularity, the Markov framework has some restrictive characteristics associated with the underlying discretization income distributions. This paper introduces...
Persistent link: https://www.econbiz.de/10010867942
The industrial composition of places has received considerable attention because of the widespread belief that industrial diversity buffers regional economies from economic shocks. Subsequently, a variety of toolkits and indices have been developed with the goal of better capturing the...
Persistent link: https://www.econbiz.de/10010867947
This paper presents a number of algorithms for a recently developed measure of space-time concordance. Based on a spatially explicit version of Kendall’s <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$\tau $$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <mi mathvariant="italic">τ</mi> </math> </EquationSource> </InlineEquation> the original implementation of the concordance measure relied on a brute force <InlineEquation ID="IEq2"> <EquationSource Format="TEX">$$O(n^2)$$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <mrow> <mi>O</mi> <mo stretchy="false">(</mo> <msup> <mi>n</mi> <mn>2</mn> </msup> <mo stretchy="false">)</mo> </mrow> </math> </EquationSource> </InlineEquation> algorithm...</equationsource></equationsource></inlineequation></equationsource></equationsource></inlineequation>
Persistent link: https://www.econbiz.de/10010998540
Persistent link: https://www.econbiz.de/10005016373