Title

An Analysis of Regional Economic Growth in the U.S. Midwest

Campus Units

Economics, Center for Agricultural and Rural Development

Document Type

Article

Publication Version

Submitted Manuscript

Publication Date

2007

Journal or Book Title

Applied Economic Perspectives and Policy

Volume

29

Issue

1

First Page or Article ID Number

17

Last Page

39

DOI

10.1111/j.1467-9353.2006.00328.x

Abstract

In this paper we examine some of the economic 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 growth hypotheses by introducing a large number of growth related variables. When formulating our hypotheses and specifying our growth model we make liberal use of GIS (geographical information systems) mapping software to "paint" a picture of where growth spots exist. Our empirical estimation indicates that amenities, state and local tax burdens, population, amount of primary agriculture activity, and demographics have important impacts on economic growth.

JEL Classification

H71, H72, L26, Q10, R11, R12, R23

Comments

This is a working paper of an article from Applied Economic Perspectives and Policy, 29(1); 2007, 17. DOI: 10.1111/j.1467-9353.2006.00328.x.