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U.S. Micropolitan Area Growth: A Spatial Equilibrium Growth Analysis

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  • Michael, Davidsson
  • Dan S., Rickman

Abstract

Because micropolitan areas have only relatively recently been defined, little is known about their comparative economic performance. Part of the interest in micropolitan areas stems from the successful ones often growing to become metropolitan areas. This paper examines micropolitan area growth during the 1990s, a period of strong national growth. A spatial equilibrium growth framework and estimated reduced-form regressions containing an extensive number of variables are used to assess the sources of differentials in micropolitan area growth. To varying degrees, at various levels, and through various channels, it is found that household amenity attractiveness, firm location considerations, and housing supply policies, all underlie micropolitan area growth differentials.

Suggested Citation

  • Michael, Davidsson & Dan S., Rickman, 2012. "U.S. Micropolitan Area Growth: A Spatial Equilibrium Growth Analysis," MPRA Paper 40394, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:40394
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    Cited by:

    1. Davidsson, Michael & Cortes, Bienvenido, 2017. "The Role of the Housing Supply and the Regulatory Environment in Economic Growth of Micropolitan Statistical Areas," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 47(1).
    2. Bienvenido S. Cortes, 2021. "A Model Of Micropolitan Area Sensitivity To The Business Cycle: Evidence From The Plains Region," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 15(1), pages 61-76.
    3. Gordon Mulligan & Randall Jackson & Amanda Krugh, 2013. "Economic base multipliers: a comparison of ACDS and IMPLAN," Regional Science Policy & Practice, Wiley Blackwell, vol. 5(3), pages 289-303, August.

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    More about this item

    Keywords

    Micropolitan; Regional Growth; Amenities;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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