Specification issues in models of population and employment growth

Specification issues in models of population and employment growth

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时间:2019-07-10

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1、SpecificationIssuesinModelsofPopulationandEmploymentGrowthMarlonG.BoarnetAssociateProfessorDepartmentsofUrbanandRegionalPlanningandEconomicsandInstituteofTransportationStudiesSaksithChalermpongPh.D.Student,TransportationScienceandInstituteofTransportationStudiesElizabethGehoPh.D.Student,Tr

2、ansportationScienceandInstituteofTransportationStudiesUniversityofCalifornia,IrvineIrvine,CA92697Boarnetcontactinformation:Ph.949-824-7695Fax:949-824-8566Email:mgboarne@uci.eduDecember,2001TheUniversityofCaliforniaTransportationCenter,fundedbytheU.S.andCaliforniaDepartmentsofTransportation

3、,providedfinancialsupportforthisresearch.I.IntroductionSpatialeconometricadaptationsofpopulationandemploymentgrowthmodelshavebeenusedtostudytheemploymentimpactsofurbanrailtransit(BollingerandIhlanfeldt,1997),thelinksbetweenurbanandruraldevelopment(Henry,Barkley,andBao,1997;SchmittandHenry,

4、2000),andcausalitybetweenintra-metropolitanpopulationandemploymentlocation(Boarnet,1994b).Yettheliteraturehassofargivenlimitedattentiontotwospecificationissuesthatarefundamentaltotheperformanceofspatialeconometricpopulationandemploymentgrowthmodels.First,theweightmatrix,whichdefineshowgeog

5、raphicunitsofobservationrelatetooneanother,mustbedefinedapriori,andalternativeversionsoftheweightmatrixhaverarelybeenconsistentlycompared.Second,mostrecentpopulation-employmentgrowthmodelsarelaggedadjustmentmodels,yettheestimatedlagparametersoftenimplythatthesystemdoesnotadjusttoalong-rune

6、quilibrium,violatingoneofthemaintainedhypothesesofthelaggedadjustmentapproach.Thispaperanalyzesthosethreespecificationissues,andprovidesinsightintoboththevalidityofvariouseconometricpracticesthathavebeencommonintherecentliteratureandthestabilityofeconometricpopulationandemploymentgrowthmod

7、elswhentypicalassumptionsandapproachesarechanged.II.BackgroundPopulationandemploymentgrowthmodelshavealonghistoryinregionalscienceandurbaneconomics.SteinnesandFisher(1974)firstintroducedatwo-equation,intra-metropolitanpopulationandemploymentgrowthmodelthat,byi

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