Inter-Regional Spillovers and Urban-Rural Disparity in U.S. Employment Growth

摘要: A wide urban-rural disparity is observed in employment growth the United States. For example, averaged 2.1 percent urban counties during 1998-2007, compared with just 1 rural counties. In this study, we examine sources of U.S. using county-level industry data. From an analytical labor-market model, derive equilibrium as a function neighborhood characteristics and initial conditions such accumulated human capital, industrial structure natural amenities. The equation then estimated spatial econometric techniques, which account for spillovers from neighboring Specifically, lag model county data 1998-2007. Results show positive both regions, but former has relatively large impacts on regional growth. statistical significance spatial-lag coefficient most manufacturing service industries suggests presence strong multiplier effect. Evaluating contribution alternative factors to growth, find that capital key determinant decomposition gap shows (rural) regions widen (narrow) gap. latter collaboration among economic development can be effective narrowing