IDEAS home Printed from https://ideas.repec.org/a/ags/jordng/174935.html
   My bibliography  Save this article

The Role of Amenities in a Regional Economy: A Meta-Analysis Approach

Author

Listed:
  • Hong, Junpyo

Abstract

This paper seeks to address whether and how amenities are related to regional economic growth by using meta-analysis. Findings imply which amenity-related economic growth strategy should be taken into consideration when interpreting research results from diverse studies. Research results are summarized as follows. First, research methodologies do not deviate much from the mainstream. Second, spatial autocorrelation correction components seem to yield contradictory results to a conventional logic but they in fact restore neighborhood effects. Last, different types of amenities (natural v.s. man-made) have distinctive relationships with economic growth. Natural amenity growth derives lower-wage employment growth, while man-made amenities drive creative class growth. The results from meta-analysis on amenity-related economic growth provide policy decision makers with more consistent understanding than each literature's various political implication.

Suggested Citation

  • Hong, Junpyo, 2011. "The Role of Amenities in a Regional Economy: A Meta-Analysis Approach," Journal of Rural Development/Nongchon-Gyeongje, Korea Rural Economic Institute, vol. 34(5), pages 1-27, December.
    • Handle: RePEc:ags:jordng:174935
    DOI: 10.22004/ag.econ.174935
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/174935/files/34_5_2.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.174935?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Desmond Beckstead & W. Mark Brown & Guy Gellatly, 2008. "The Left Brain of North American Cities," International Regional Science Review, , vol. 31(3), pages 304-338, July.
    2. Daniel C. Monchuk & John A. Miranowski & Dermot J. Hayes & Bruce A. Babcock, 2007. "An Analysis of Regional Economic Growth in the U.S. Midwest," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 29(1), pages 17-39.
    3. David J. Lewis & Gary L. Hunt & DAndrew J. Plantinga, 2002. "Public Conservation Land and Employment Growth in the Northern Forest Region," Land Economics, University of Wisconsin Press, vol. 78(2), pages 245-259.
    4. Kwang‐Koo Kim & David W. Marcouiller & Steven C. Deller, 2005. "Natural Amenities and Rural Development: Understanding Spatial and Distributional Attributes," Growth and Change, Wiley Blackwell, vol. 36(2), pages 273-297, June.
    5. Roback, Jennifer, 1982. "Wages, Rents, and the Quality of Life," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1257-1278, December.
    6. Roback, Jennifer, 1988. "Wages, Rents, and Amenities: Differences among Workers and Regions," Economic Inquiry, Western Economic Association International, vol. 26(1), pages 23-41, January.
    7. E.M. Bosker & G.A. Marlet, 2006. "Urban growth and decline in Europe," Working Papers 06-18, Utrecht School of Economics.
    8. McGranahan, David A., 1999. "Natural Amenities Drive Rural Population Change," Agricultural Economic Reports 33955, United States Department of Agriculture, Economic Research Service.
    9. Tim Jeppesen & John A. List & Henk Folmer, 2002. "Environmental Regulations and New Plant Location Decisions: Evidence from a Meta‐Analysis," Journal of Regional Science, Wiley Blackwell, vol. 42(1), pages 19-49, February.
    10. repec:rre:publsh:v:36:y:2006:i:2:p:163-91 is not listed on IDEAS
    11. V. Kerry Smith & Yoshiaki Kaoru, 1990. "Signals or Noise? Explaining the Variation in Recreation Benefit Estimates," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(2), pages 419-433.
    12. Beckstead, Desmond Brown, W. Mark Gellatly, Guy, 2008. "Cities and Growth: The Left Brain of North American Cities: Scientists and Engineers and Urban Growth," The Canadian Economy in Transition 2008017e, Statistics Canada, Economic Analysis Division.
    13. Mark Ferguson & Kamar Ali & M. Rose Olfert & Mark Partridge, 2007. "Voting with Their Feet: Jobs versus Amenities," Growth and Change, Wiley Blackwell, vol. 38(1), pages 77-110, March.
    14. Nijman, Theo & Verbeek, Marno, 1990. "Estimation of time-dependent parameters in linear models using cross-sections, panels, or both," Journal of Econometrics, Elsevier, vol. 46(3), pages 333-346, December.
    15. Kilungu Nzaku & James O. Bukenya, 2005. "Examining The Relationship Between Quality Of Life Amenities And Economic Development In The Southeast Usa," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 17(2), pages 89-103, July.
    16. John Keith & Christopher Fawson, 1995. "Economic development in rural Utah: is wilderness recreation the answer?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 29(3), pages 303-313.
    17. Smith, V Kerry & Huang, Ju-Chin, 1995. "Can Markets Value Air Quality? A Meta-analysis of Hedonic Property Value Models," Journal of Political Economy, University of Chicago Press, vol. 103(1), pages 209-227, February.
    18. Graves, Philip E., 1983. "Migration with a composite amenity: the role of rents," MPRA Paper 19917, University Library of Munich, Germany.
    19. Kristopher D. White & M. Hanink, 2004. "“Moderate” Environmental Amenities and Economic Change: The Nonmetropolitan Northern Forest of the Northeast U.S., 1970‐2000," Growth and Change, Wiley Blackwell, vol. 35(1), pages 42-60, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Waltert, Fabian & Schläpfer, Felix, 2010. "Landscape amenities and local development: A review of migration, regional economic and hedonic pricing studies," Ecological Economics, Elsevier, vol. 70(2), pages 141-152, December.
    2. Heather M. Stephens & Mark D. Partridge, 2015. "Lake Amenities, Environmental Degradation, and Great Lakes Regional Growth," International Regional Science Review, , vol. 38(1), pages 61-91, January.
    3. Dan S. Rickman & Shane D. Rickman, 2011. "Population Growth In High‐Amenity Nonmetropolitan Areas: What'S The Prognosis?," Journal of Regional Science, Wiley Blackwell, vol. 51(5), pages 863-879, December.
    4. Fabian Waltert & Felix Schlaepfer, 2007. "The role of landscape amenities in regional development: a survey of migration, regional economic and hedonic pricing studies," SOI - Working Papers 0710, Socioeconomic Institute - University of Zurich.
    5. Jeanty, P. Wilner & Partridge, Mark & Irwin, Elena, 2010. "Estimation of a spatial simultaneous equation model of population migration and housing price dynamics," Regional Science and Urban Economics, Elsevier, vol. 40(5), pages 343-352, September.
    6. Kim, Danya & Marcouiller, David W., 2021. "The role of public lands in local economies of the US Lake States: A spatial simultaneous equation approach," Land Use Policy, Elsevier, vol. 100(C).
    7. Margaret Olfert & Mark Partridge, 2011. "Creating the Cultural Community: Ethnic Diversity vs. Agglomeration," Spatial Economic Analysis, Taylor & Francis Journals, vol. 6(1), pages 25-55.
    8. Mark D. Partridge & Dan S. Rickman & M. Rose Olfert & Ying Tan, 2015. "When Spatial Equilibrium Fails: Is Place-Based Policy Second Best?," Regional Studies, Taylor & Francis Journals, vol. 49(8), pages 1303-1325, August.
    9. Lucie Schmidt & Paul N. Courant, 2006. "Sometimes Close Is Good Enough: The Value Of Nearby Environmental Amenities," Journal of Regional Science, Wiley Blackwell, vol. 46(5), pages 931-951, December.
    10. Amanda L. Weinstein & Michael Hicks & Emily Wornell, 2023. "An aggregate approach to estimating quality of life in micropolitan areas," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 70(2), pages 447-476, April.
    11. Poudyal, Neelam C. & Hodges, Donald G. & Cordell, H. Ken, 2008. "The role of natural resource amenities in attracting retirees: Implications for economic growth policy," Ecological Economics, Elsevier, vol. 68(1-2), pages 240-248, December.
    12. Yong Chen & David J. Lewis & Bruce Weber, 2016. "Conservation Land Amenities And Regional Economies: A Postmatching Difference-In-Differences Analysis Of The Northwest Forest Plan," Journal of Regional Science, Wiley Blackwell, vol. 56(3), pages 373-394, June.
    13. Guangqing Chi & David Marcouiller, 2011. "Isolating the Effect of Natural Amenities on Population Change at the Local Level," Regional Studies, Taylor & Francis Journals, vol. 45(4), pages 491-505.
    14. Olfert, R. & Berdegué, J. & Escobal, J. & Jara, B. & Modrego, F., 2011. "Places for Place-Based Policies," Working papers 079, Rimisp Latin American Center for Rural Development.
    15. Guangqing Chi & David Marcouiller, 2013. "Natural amenities and their effects on migration along the urban–rural continuum," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 50(3), pages 861-883, June.
    16. Jean-Christophe Dissart, 2005. "Installations récréatives extérieures et développement économique régional : le cas des zones rurales isolées aux États-Unis," Revue d'économie régionale et urbaine, Armand Colin, vol. 0(2), pages 217-248.
    17. Plantinga, Andrew J. & Détang-Dessendre, Cécile & Hunt, Gary L. & Piguet, Virginie, 2013. "Housing prices and inter-urban migration," Regional Science and Urban Economics, Elsevier, vol. 43(2), pages 296-306.
    18. Daniel C. Monchuk & John A. Miranowski & Dermot J. Hayes & Bruce A. Babcock, 2007. "An Analysis of Regional Economic Growth in the U.S. Midwest," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 29(1), pages 17-39.
    19. Andrés Rodríguez-Pose & Tobias D. Ketterer, 2012. "Do Local Amenities Affect The Appeal Of Regions In Europe For Migrants?," Journal of Regional Science, Wiley Blackwell, vol. 52(4), pages 535-561, October.
    20. John I. Carruthers & Gordon F. Mulligan, 2013. "Through the Crisis," Economic Development Quarterly, , vol. 27(2), pages 124-143, May.

    More about this item

    Keywords

    Research Methods/ Statistical Methods;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jordng:174935. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/kreinkr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.