Apologies for cross-posting....
On behalf of Richard Cebula.
Colleagues:
The Mid-Continent Regional Science Association is pleased to announce the release of the Journal of Regional Analysis and Policy - Volume 39, Number 2 (2009). This issue of the Journal is available in open access format
at:
http://www.jrap-journal.org/pastvolumes/2000/v39/index392.html
***************************
Volume 38, Number 2 (Table of Contents and Frontmatter)
Regular Peer-reviewed Articles:
Neighborhood Historic Preservation Status and Housing Values in Oklahoma County, Oklahoma 99
Dan S. Rickman
Abstract. Using county tax assessor data, this paper estimates the property value impacts of his-toric designation of neighborhoods for Oklahoma County, Oklahoma. Methodological contri-butions of the study include allowing for spatial and temporal variation of hedonic prices and historic district property values along with the use of finely-delineated spatial fixed effects. Neighborhood historic designation is found to be associated with significant relative apprecia-tion of housing values in most districts. Factors appearing to influence the rate of appreciation are the time span of neighborhood historic designation and the area crime rate. The variation in results across historic neighborhoods suggests that policy makers need to take into account the conditions under which historic designation most likely can succeed.
http://www.jrap-journal.org/pastvolumes/2000/v39/rickman39_2_pdf.pdf
Towards a Rural Development Policy: Lessons from the United States and Canada 109
Mark D. Partridge, M. Rose Olfert and Kamar Ali
Abstract. Despite the large sums of money spent to ostensibly support rural areas since the 1930s, a framework for assessing U.S. and Canadian rural policy is conspicuously absent, and thus there is little basis for assessing effectiveness of public policy and public expenditures in this area. The purpose of this paper is to propose a framework based on: 1) broad-based policy ob-jectives; 2) a small number of measurable targets that reflect these objectives; and 3) evaluation based on the latest methodological and data advances. We provide an overview of policies and programs in the U.S. and Canada that have been described as rural policy. Using basic descriptive evidence we show that to date the purported rural policy in both countries has generally failed to meet any broad-based objectives. We suggest that successful rural policy is primarily place-based, rather than being captured by tangential objectives such as support for particular sectors or initiatives such as environmental protection. We conclude by noting that government ministries that administer place-based (rural) policy should not have a sector-based orientation—rural policy should be removed from USDA and Agriculture and Agri-food Canada.
http://www.jrap-journal.org/pastvolumes/2000/v39/partridgeolfertali39_2_pdf.pdf
On The Dynamics of Energy Consumption and Employment in Illinois 126
James E. Payne
Abstract. This short empirical study utilizes U.S. annual data from 1976 to 2006 to examine the causal relationship between energy consumption and employment in Illinois within a multi-variate framework. The Toda-Yamamoto long-run causality tests reveal unidirectional causal-ity from energy consumption to employment supportive of the growth hypothesis. However, the importance of energy consumption in economic activity should not overshadow the envi-ronmental consequences of heavy reliance on fossil fuel consumption as well as the relevance of alternative renewable energy sources and improved energy efficiency for future economic growth.
http://www.jrap-journal.org/pastvolumes/2000/v39/payne39_2_pdf.pdf
The Economics of Ghost Towns 131
Philip E. Graves, Stephan Weiler, and Emily Elizabeth Tynon
Abstract. The ghost towns of the American West are both intriguing historical artifacts and reflec-tions of unique economic forces at work. In this study we develop linked labor and housing market models balancing the wages, rents, and local amenities of isolated boomtown sites to better understand the sources of such communities’ dramatic cycles. High variance boom-towns provide a unique context for investment in housing and other foundational infrastruc-ture, leading directly to the unusually transient local development patterns seen in ghost town settings. We use Colorado-based case studies to illustrate the relevance of the model. Compar-isons with more modern rural settings in Appalachia and the Midwest suggest that the model provides a framework to better understand the process of rural decline more generally.
http://www.jrap-journal.org/pastvolumes/2000/v39/gravesweiler39_2_pdf.pdf
Wages, Rent, Unemployment and Amenities 141
Steven Deller
Abstract. The intent of this applied research project is to build on the Roback-Blanchflower-Oswald model linking rent, wages and unemployment to amenities. Using non-metropolitan county level US data and detailed measures of natural and built amenities I estimate a struc-tural model testing for trade-offs between rent, wages, unemployment and amenities. Results do not strictly confirm the Roback-Blanchflower-Oswald (RBO) model but there is sufficient evidence to suggest that amenities plays an important role in explaining observed levels rent, wages and unemployment.
http://www.jrap-journal.org/pastvolumes/2000/v39/deller39_2_pdf.pdf
2009 M. Jarvin Emerson Student Paper Competition Winner:
The Regional Impact of Discriminatory Trade Liberalization on Colombian Agriculture 155
Ricardo Arguello
Abstract. This study provides an assessment of the potential impact of trade liberalization on the regional structure of Colombian agriculture. For this, a two-step methodology is imple-mented. First, the effects of discriminatory trade liberalization are estimated by means of a multi-region general equilibrium model. Second, relevant price and quantity changes are transmitted to a simple transportation model that simulates the likely changes that trade libe-ralization will bring upon the spatial structure of agriculture. Results indicate that changes in the spatial structure of agricultural production in Colombia are not negligible and are instru-mental for policy design on several fronts.
http://www.jrap-journal.org/pastvolumes/2000/v39/arguello39_2_pdf.pdf
The Journal of Regional Analysis and Policy is published by the Mid-Continent Regional Science Association (MCRSA) in cooperation with the Department of Economics at Armstrong Atlantic State University and the Department of Economics at Augustana College (SD).
The Journal is the official peer-reviewed publication of the MCRSA and is normally published twice annually during June and December. It is available in an open-access on-line format as a service of the Mid-Continent Re-gional Science Association membership.
Editor:
Richard Cebula, Armstrong Atlantic University
On behalf of Richard Cebula.
Colleagues:
The Mid-Continent Regional Science Association is pleased to announce the release of the Journal of Regional Analysis and Policy - Volume 39, Number 2 (2009). This issue of the Journal is available in open access format
at:
http://www.jrap-journal.org/pastvolumes/2000/v39/index392.html
***************************
Volume 38, Number 2 (Table of Contents and Frontmatter)
Regular Peer-reviewed Articles:
Neighborhood Historic Preservation Status and Housing Values in Oklahoma County, Oklahoma 99
Dan S. Rickman
Abstract. Using county tax assessor data, this paper estimates the property value impacts of his-toric designation of neighborhoods for Oklahoma County, Oklahoma. Methodological contri-butions of the study include allowing for spatial and temporal variation of hedonic prices and historic district property values along with the use of finely-delineated spatial fixed effects. Neighborhood historic designation is found to be associated with significant relative apprecia-tion of housing values in most districts. Factors appearing to influence the rate of appreciation are the time span of neighborhood historic designation and the area crime rate. The variation in results across historic neighborhoods suggests that policy makers need to take into account the conditions under which historic designation most likely can succeed.
http://www.jrap-journal.org/pastvolumes/2000/v39/rickman39_2_pdf.pdf
Towards a Rural Development Policy: Lessons from the United States and Canada 109
Mark D. Partridge, M. Rose Olfert and Kamar Ali
Abstract. Despite the large sums of money spent to ostensibly support rural areas since the 1930s, a framework for assessing U.S. and Canadian rural policy is conspicuously absent, and thus there is little basis for assessing effectiveness of public policy and public expenditures in this area. The purpose of this paper is to propose a framework based on: 1) broad-based policy ob-jectives; 2) a small number of measurable targets that reflect these objectives; and 3) evaluation based on the latest methodological and data advances. We provide an overview of policies and programs in the U.S. and Canada that have been described as rural policy. Using basic descriptive evidence we show that to date the purported rural policy in both countries has generally failed to meet any broad-based objectives. We suggest that successful rural policy is primarily place-based, rather than being captured by tangential objectives such as support for particular sectors or initiatives such as environmental protection. We conclude by noting that government ministries that administer place-based (rural) policy should not have a sector-based orientation—rural policy should be removed from USDA and Agriculture and Agri-food Canada.
http://www.jrap-journal.org/pastvolumes/2000/v39/partridgeolfertali39_2_pdf.pdf
On The Dynamics of Energy Consumption and Employment in Illinois 126
James E. Payne
Abstract. This short empirical study utilizes U.S. annual data from 1976 to 2006 to examine the causal relationship between energy consumption and employment in Illinois within a multi-variate framework. The Toda-Yamamoto long-run causality tests reveal unidirectional causal-ity from energy consumption to employment supportive of the growth hypothesis. However, the importance of energy consumption in economic activity should not overshadow the envi-ronmental consequences of heavy reliance on fossil fuel consumption as well as the relevance of alternative renewable energy sources and improved energy efficiency for future economic growth.
http://www.jrap-journal.org/pastvolumes/2000/v39/payne39_2_pdf.pdf
The Economics of Ghost Towns 131
Philip E. Graves, Stephan Weiler, and Emily Elizabeth Tynon
Abstract. The ghost towns of the American West are both intriguing historical artifacts and reflec-tions of unique economic forces at work. In this study we develop linked labor and housing market models balancing the wages, rents, and local amenities of isolated boomtown sites to better understand the sources of such communities’ dramatic cycles. High variance boom-towns provide a unique context for investment in housing and other foundational infrastruc-ture, leading directly to the unusually transient local development patterns seen in ghost town settings. We use Colorado-based case studies to illustrate the relevance of the model. Compar-isons with more modern rural settings in Appalachia and the Midwest suggest that the model provides a framework to better understand the process of rural decline more generally.
http://www.jrap-journal.org/pastvolumes/2000/v39/gravesweiler39_2_pdf.pdf
Wages, Rent, Unemployment and Amenities 141
Steven Deller
Abstract. The intent of this applied research project is to build on the Roback-Blanchflower-Oswald model linking rent, wages and unemployment to amenities. Using non-metropolitan county level US data and detailed measures of natural and built amenities I estimate a struc-tural model testing for trade-offs between rent, wages, unemployment and amenities. Results do not strictly confirm the Roback-Blanchflower-Oswald (RBO) model but there is sufficient evidence to suggest that amenities plays an important role in explaining observed levels rent, wages and unemployment.
http://www.jrap-journal.org/pastvolumes/2000/v39/deller39_2_pdf.pdf
2009 M. Jarvin Emerson Student Paper Competition Winner:
The Regional Impact of Discriminatory Trade Liberalization on Colombian Agriculture 155
Ricardo Arguello
Abstract. This study provides an assessment of the potential impact of trade liberalization on the regional structure of Colombian agriculture. For this, a two-step methodology is imple-mented. First, the effects of discriminatory trade liberalization are estimated by means of a multi-region general equilibrium model. Second, relevant price and quantity changes are transmitted to a simple transportation model that simulates the likely changes that trade libe-ralization will bring upon the spatial structure of agriculture. Results indicate that changes in the spatial structure of agricultural production in Colombia are not negligible and are instru-mental for policy design on several fronts.
http://www.jrap-journal.org/pastvolumes/2000/v39/arguello39_2_pdf.pdf
The Journal of Regional Analysis and Policy is published by the Mid-Continent Regional Science Association (MCRSA) in cooperation with the Department of Economics at Armstrong Atlantic State University and the Department of Economics at Augustana College (SD).
The Journal is the official peer-reviewed publication of the MCRSA and is normally published twice annually during June and December. It is available in an open-access on-line format as a service of the Mid-Continent Re-gional Science Association membership.
Editor:
Richard Cebula, Armstrong Atlantic University
--
Steven C. Deller
Professor and Community Development Economist
Department of Agricultural and Applied Economics
515 Taylor Hall --- 427 Lorch Street
University of Wisconsin-Madison/Extension
Madison, WI 53706
608-263-6251
"Conformity can be costly in a world of uncertainty"
Nobel winning economist Douglass North
Just published: Targeting Regional Economic Development
For more info: http://www.routledge.com/9780415775915
