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Persistent link: https://www.econbiz.de/10008417918
Several spatial econometric approaches are available to model spatially correlated disturbances in count models, but there are at present no structurally consistent count models incorporating spatial lag autocorrelation. A two-step, limited information maximum likelihood estimator is proposed to...
Persistent link: https://www.econbiz.de/10008498081
Attracting manufacturing investment is a frequently used rural development policy. Previous research in the location literature has informed policymakers which factors are most important for attracting new firm investment. Far less is known about the interaction of birth and death of...
Persistent link: https://www.econbiz.de/10005012663
This paper addresses changes in capital formation by testing the importance of location factors with respect to the rate of establishment births and deaths in U.S. manufacturing, 2000–2004. A theoretical concept called “localized creative destruction” is tested as a mechanism to explain...
Persistent link: https://www.econbiz.de/10009020799
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Attracting manufacturing investment remains a viable regional development policy. Previous research in the location literature has informed policymakers which factors are most important for attracting new firm investment. Far less is known about the dynamics of firm death and the possible...
Persistent link: https://www.econbiz.de/10004989119
This paper investigates nonlinearity in parametric spatial process models that incorporate regime-switching by means of a smooth transition autoregressive process. We derive a Lagrange Multiplier (LM) test for nonlinearity as well as several joint LM tests for nonlinearity and the traditional...
Persistent link: https://www.econbiz.de/10011117432
Multifunctionality of agriculture is being heralded as a way to achieve food and fiber production while simultaneously providing ecological services and promoting rural development through the establishment of new enterprises. However, in order for multifunctional agriculture to achieve these...
Persistent link: https://www.econbiz.de/10010881157
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