[go: up one dir, main page]
More Web Proxy on the site http://driver.im/
IDEAS home Printed from https://ideas.repec.org/a/rre/publsh/v29y1999i2p115-138.html
   My bibliography  Save this article

Dynamic Nonmetropolitan Export-Base Modeling

Author

Listed:
  • Thomas R. Harris

    (University of Nevada, Reno)

  • J. Scott Shonkwiler

    (University of Nevada, Reno)

  • George E. Ebai

    (University of Nevada, Reno)

Abstract
This paper investigated a time series export-base model of nonmetropolitan Nevada counties. Confirmatory factor analysis was used to bifurcate county employment, and county basic and nonbasic employment were tested for cointegration. Employing the Granger Representation Theorem, an error correction mechanism model was estimated. Error correction mechanism model forecasts were performed and long-run forecasts were evaluated. Given current microcomputer hardware and software, this paper provides a procedure to conduct dynamic rural impact analysis by employing a dynamic export-base model.

Suggested Citation

  • Thomas R. Harris & J. Scott Shonkwiler & George E. Ebai, 1999. "Dynamic Nonmetropolitan Export-Base Modeling," The Review of Regional Studies, Southern Regional Science Association, vol. 29(2), pages 115-138, Fall.
  • Handle: RePEc:rre:publsh:v:29:y:1999:i:2:p:115-138
    as

    Download full text from publisher

    File URL: http://journal.srsa.org/ojs/index.php/RRS/article/view/29.2.2/pdf
    File Function: To View On Journal Page
    Download Restriction: no

    File URL: http://journal.srsa.org/ojs/index.php/RRS/article/download/29.2.2/349
    File Function: To Download Article
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Unknown, 1962. "Community Development and Economic Development," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 17(3), pages 1-2.
    2. Shahin Shahidsaless & William Gillis & Ron Shaffer, 1983. "Community Characteristics and Employment Multipliers in Nonmetropolitan Counties, 1950-1970," Land Economics, University of Wisconsin Press, vol. 59(1), pages 84-93.
    3. Banerjee, Anindya & Dolado, Juan J. & Galbraith, John W. & Hendry, David, 1993. "Co-integration, Error Correction, and the Econometric Analysis of Non-Stationary Data," OUP Catalogue, Oxford University Press, number 9780198288107.
    4. Mark S. Henry & J. C. O. Nyankori, 1981. "The Existence of Short-Run Economic Base Multipliers: Some New Empirical Evidence," Land Economics, University of Wisconsin Press, vol. 57(3), pages 448-458.
    5. J. Shonkwiler & C. Moss, 1993. "A multidimensional index of financial stress in the farm sector," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 29(3), pages 307-316, July.
    6. Lesage, James P. & Reed, J. David, 1989. "The dynamic relationship between export, local, and total area employment," Regional Science and Urban Economics, Elsevier, vol. 19(4), pages 615-636, December.
    7. Charles M. Tiebout, 1956. "Exports and Regional Economic Growth: Rejoinder," Journal of Political Economy, University of Chicago Press, vol. 64(2), pages 169-169.
    8. Edward L. Ullman & Michael F. Dacey, 1960. "The Minimum Requirements Approach To The Urban Economic Base," Papers in Regional Science, Wiley Blackwell, vol. 6(1), pages 175-194, January.
    9. Charles M. Tiebout, 1956. "Exports and Regional Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 64(2), pages 160-160.
    10. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
    11. Engle, Robert F. & Yoo, Byung Sam, 1987. "Forecasting and testing in co-integrated systems," Journal of Econometrics, Elsevier, vol. 35(1), pages 143-159, May.
    12. Frank Giarratani & Paul D. McNelis, 1980. "Time Series Evidence Bearing on Crude Theories of Regional Growth," Land Economics, University of Wisconsin Press, vol. 56(2), pages 238-248.
    13. Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
    14. Engle, Robert F. & Issler, Joao Victor, 1995. "Estimating common sectoral cycles," Journal of Monetary Economics, Elsevier, vol. 35(1), pages 83-113, February.
    15. Nelson, Charles R. & Plosser, Charles I., 1982. "Trends and random walks in macroeconmic time series : Some evidence and implications," Journal of Monetary Economics, Elsevier, vol. 10(2), pages 139-162.
    16. James E. McNulty, 1977. "A Test of the Time Dimension in Economic Base Analysis," Land Economics, University of Wisconsin Press, vol. 53(3), pages 359-368.
    17. Brown, Scott J. & Coulson, N. Edward & Engle, Robert F., 1992. "On the determination of regional base and regional base multipliers," Regional Science and Urban Economics, Elsevier, vol. 22(4), pages 619-635, November.
    18. Douglass C. North, 1955. "Location Theory and Regional Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 63(3), pages 243-243.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Francis Aubert & Abdoul Diallo & Quentin Frère & Denis Lépicier & Stéphanie Truchet & Dominique Vollet, 2014. "Analyse économétrique de la croissance de l'économie présentielle en France," Working Papers hal-02516950, HAL.
    2. Sorenson, David J., 2007. "Assessing Economic Base Relationships in South Dakota," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 37(2), pages 1-18.
    3. Jason P. Brown & Stephan J. Goetz & Mary C. Ahearn & Chyi-lyi (Kathleen) Liang, 2014. "Linkages Between Community-Focused Agriculture, Farm Sales, and Regional Growth," Economic Development Quarterly, , vol. 28(1), pages 5-16, February.
    4. Maureen Kilkenny & Mark D. Partridge, 2009. "Export Sectors and Rural Development," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(4), pages 910-929.
    5. Park JiYoung & Gordon Peter & Jun Eunha & Moore James E & Richardson Harry W., 2009. "Identifying the Regional Economic Impacts of 9/11," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 15(2), pages 275-306, July.
    6. Jens Abildtrup & Virginie Piguet & Bertrand Schmitt, 2011. "The impact of agro-food industry on employment and population changes: The case of Denmark and France'," ERSA conference papers ersa10p1622, European Regional Science Association.
    7. Kilkenny, Maureen & Partridge, Mark D., 2008. "Rural Growth and the Rural Capital Account," 2007 Agricultural and Rural Finance Markets in Transition, October 4-5, 2007, St. Louis, Missouri 48145, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
    8. Dan S. Rickman & Steven R. Miller & Russell McKenzie, 2009. "Spatial and sectoral linkages in regional models: A Bayesian vector autoregression forecast evaluation," Papers in Regional Science, Wiley Blackwell, vol. 88(1), pages 29-41, March.

    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. Lego, Brian & Gebremedhin, Tesfa & Cushing, Brian, 2000. "A Multi-Sector Export Base Model of Long-Run Regional Employment Growth," Agricultural and Resource Economics Review, Cambridge University Press, vol. 29(2), pages 192-197, October.
    2. Harry W. Richardson, 1978. "The State of Regional Economics: A Survey Article," International Regional Science Review, , vol. 3(1), pages 1-48, October.
    3. repec:elg:eechap:14395_10 is not listed on IDEAS
    4. Harris, Thomas R. & Ebai, George E. & Shonkwiler, John Scott, 1998. "A Multidimensional Estimation of Export Base," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 28(1), pages 1-15.
    5. Ted Rutland & Sean O'Hagan, 2007. "The Growing Localness of the Canadian City, or, On the Continued (Ir)relevance of Economic Base Theory," Local Economy, London South Bank University, vol. 22(2), pages 163-185, May.
    6. John D. Levendis, 2018. "Time Series Econometrics," Springer Texts in Business and Economics, Springer, number 978-3-319-98282-3, June.
    7. N. Vijayamohanan Pillai, 2010. "Electricity Demand Analysis and Forecasting- The Tradition is Questioned," Working Papers id:2966, eSocialSciences.
    8. D. Ventosa-Santaulària, 2009. "Spurious Regression," Journal of Probability and Statistics, Hindawi, vol. 2009, pages 1-27, August.
    9. Gordon F. Mulligan, 2008. "A New Shortcut Method for Estimating Economic Base Multipliers," Regional Science Policy & Practice, Wiley Blackwell, vol. 1(1), pages 67-84, November.
    10. Zou, Gaolu & Chau, K.W., 2006. "Short- and long-run effects between oil consumption and economic growth in China," Energy Policy, Elsevier, vol. 34(18), pages 3644-3655, December.
    11. Peter Hans Matthews, 2005. "Paradise lost and found? The econometric contributions of Clive W. J. Granger and Robert F. Engle," Review of Political Economy, Taylor & Francis Journals, vol. 17(1), pages 1-28.
    12. Maureen Kilkenny & Mark D. Partridge, 2009. "Export Sectors and Rural Development," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(4), pages 910-929.
    13. Banerjee, Swagata (Ban) & Harris, Thomas R., 2001. "A Disaggregated Time-Series Analysis Of Export-Base Models: A Case Study On Elko County Of Nevada," 2001 Annual meeting, August 5-8, Chicago, IL 20640, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Franses,Philip Hans & Dijk,Dick van & Opschoor,Anne, 2014. "Time Series Models for Business and Economic Forecasting," Cambridge Books, Cambridge University Press, number 9780521520911, September.
    15. Tsangyao Chang & Wenshwo Fang & Li-Fang Wen, 2001. "Energy consumption, employment, output, and temporal causality: evidence from Taiwan based on cointegration and error-correction modelling techniques," Applied Economics, Taylor & Francis Journals, vol. 33(8), pages 1045-1056.
    16. Eli Miloslavsky & Howard J. Shatz, 2006. "Services Exports and the States: Measuring the Potential," Economic Development Quarterly, , vol. 20(1), pages 3-21, February.
    17. Stanley, Denise L., 2003. "The Economic Impact of Mariculture on a Small Regional Economy," World Development, Elsevier, vol. 31(1), pages 191-210, January.
    18. Nasr, G. E. & Badr, E. A. & Dibeh, G., 2000. "Econometric modeling of electricity consumption in post-war Lebanon," Energy Economics, Elsevier, vol. 22(6), pages 627-640, December.
    19. PHILIP E.T. LEWIS & GARRY A. MacDONALD, 1993. "Testing for Equilibrium in the Australian Wage Equation," The Economic Record, The Economic Society of Australia, vol. 69(3), pages 295-304, September.
    20. de Meulemeester, Jean-Luc & Rochat, Denis, 1995. "A causality analysis of the link between higher education and economic development," Economics of Education Review, Elsevier, vol. 14(4), pages 351-361, December.
    21. Gavin Bridge, 1999. "Harnessing the bonanza: economic liberalization and capacity building in the mineral sector," Natural Resources Forum, Blackwell Publishing, vol. 23(1), pages 43-55, February.

    More about this item

    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:rre:publsh:v:29:y:1999:i:2:p:115-138. 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: Tammy Leonard & Lei Zhang (email available below). General contact details of provider: http://www.srsa.org .

    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.