An Analysis of Regional Economic Growth in the U.S. Midwest, April 2005

(2005) An Analysis of Regional Economic Growth in the U.S. Midwest, April 2005. Iowa State University

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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.

Item Type: Departmental Report
Keywords: Amenities, Fiscal Policy, Rural Income Growth, ISU, Economic Growth
Subjects: Agriculture and food production > Agricultual statistics
Business and industry > Economic development
Business and industry > Economic forecasts
ID Code: 2491
Deposited By: Margaret Barr
Deposited On: 17 May 2005
Last Modified: 17 May 2005
URI: http://publications.iowa.gov/id/eprint/2491

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