The Role of Amenities in a Regional Economy: A Meta-Analysis Approach
1
조회
0
다운로드
0
인용
0
참고문헌
키워드
초록
This paper seeks to address whether and how amenities are related to regional economic growth by using meta-analysis. Findings imply which amenity-related economic growth strategy should be taken into consideration when interpreting research results from diverse studies. Research results are summarized as follows. First, research methodologies do not deviate much from the mainstream. Second, spatial autocorrelation correction components seem to yield contradictory results to a conventional logic but they in fact restore neighborhood effects. Last, different types of amenities (natural v.s. man-made) have distinctive relationships with economic growth. Natural amenity growth derives lower-wage employment growth, while man-made amenities drive creative class growth. The results from meta-analysis on amenity-related economic growth provide policy decision makers with more consistent understanding than each literature's various political implication.
Abstract
This paper seeks to address whether and how amenities are related to regional economic growth by using meta-analysis. Findings imply which amenity-related economic growth strategy should be taken into consideration when interpreting research results from diverse studies. Research results are summarized as follows. First, research methodologies do not deviate much from the mainstream. Second, spatial autocorrelation correction components seem to yield contradictory results to a conventional logic but they in fact restore neighborhood effects. Last, different types of amenities (natural v.s. man-made) have distinctive relationships with economic growth. Natural amenity growth derives lower-wage employment growth, while man-made amenities drive creative class growth. The results from meta-analysis on amenity-related economic growth provide policy decision makers with more consistent understanding than each literature's various political implication.
참고문헌 (45)
- Artz, G. M., "Reexamining Rural Decline: How Changing Rural Classifications Affect Perceived Growth", The Review of Regional Studies, 36(2), pp.163~191 (2006)
- Beckstead, D., "The Left Brain of North American Cities: Scientists and Engineers and Urban Growth", International Regional Science Review, 31(3), pp.304~338 (2008)
- Bosker, M., "Urban Growth and Decline in Europe", pp.1~33 (2006), Utrecht University
- Button, K., "Infrastructure Investment, Endogenous Growth and Economic Convergence", The Annals of Regional Science, 32(1), pp.145~162 (1998)
- Carlino, G. A., "The Determinants of County Growth", Journal of Regional Science, 27(1), pp.39~54 (1987)
- Human Capital, Quality of Life, and the Adjustment Process in American Metropolitan Areas, "Carruthers, J. I.", U.S. Department of Housing and Urban Development, ~ (2007)
- Clark, T. N., "The City as an Entertainment Machine" (2004), Elsevier
- Cook, T. D., "Meta-Analysis for Explanation: A Casebook" (1992), Russell Sage
- Deller, S., "Amenities and Rural Appalachia Economic Growth", Agricultural and Resource Economics Review, 36(1), pp.107~132 (2007)
- Deller, S. C., "An Examination of the Wage Curve: A Research Note", Journal of Regional Analysis and Policy, 28(2), pp.3~12 (1999)
- Deller, S. C., "The Role of Amenities and Quality of Life in Rural Economic Growth", American Journal of Agricultural Economics, 83(2), pp.352~365 (2001)
- Dissart, J. C., "Quality of Life in the Planning Literature", Journal of Planning Literature, 15(1), pp.135~161 (2000)
- Duffy-Deno, K. T., "The Effect of Federal Wilderness on County Growth in the Intermountain Western United States", Journal of Regional Science, 38(1), pp.109~136 (1998)
- Ferguson, M., "Voting with Their Feet: Jobs versus Amenities", Growth and Change, 38(1), pp.77~110 (2007)
- Florida, R., "The Economic Geography of Talent", Annals of the Association of American Geographers, 92(4), pp.743~755 (2002)
- Graves, P. E., "Migration with a Composite Amenity: The Role of Rents", Journal of Regional Science, 23(4), pp.541~546 (1983)
- Greenwood, M. J., "Human Migration: Theory, Models, and Empirical Studies", Journal of Regional Science, 25(4), pp.521~544 (1985)
- Hedges, L., "Analyses, Reanalyses, and Meta-Analysis", Contemporary Education Review, 1, pp.157~165 (1982)
- Hoehn, J. P., "A Hedonic Model of Interregional Wages, Rents, and Amenity Values", Journal of Regional Science, 27(4), pp.605~620 (1987)
- Hong, J. P., "Meta-analytic Revelation of the Role of Natural Amenities on the Rural Economy", in 48th Annual Meeting of the Southern Regional Science Association (2009)
- Hong, J. P., "Three Essays on the Role of Amenities as an Economic Development Strategy", 박사, pp.2010
- Hunter, J. E., "Methods of Meta-Analysis: Correcting Error and Bias in Research Findings" (1990), SAGE Publications
- Jeppesen, T., "Environmental Regulations and New Plant Location Decisions: Evidence from a Meta-analysis", Journal of Regional Science, 42(1), pp.19~49 (2002)
- Keith, J., "Economic Development in Rural Utah: Is Wilderness Recreation the Answer", The Annals of Regional Science, 29(3), pp.303~313 (1995)
- Kim, K. K., "Natural Amenities and Rural Development: Understanding Spatial and Distributional Attributes", Growth and Change, 36(2), pp.273~297 (2005)
- Knapp, T. A., "On the Role of Amenities in Models of Migration and Regional Development", Journal of Regional Science, 29(1), pp.71~87 (1989)
- Lewis, D. J., "Public Conservation Land and Employment Growth in the Northern Forest Region", Land Economics, 78(2), pp.245~259 (2002)
- Lipsey, M. W., "Practical Meta-Analysis. Applied Social Research Methods Series" (2001), SAGE Publications
- Marcouiller, D. W., "Natural Amenities, Tourism and Income Distribution", Annals of Tourism Research, 31(4), pp.1031~1050 (2004)
- Natural Amenities Drive Rural Population Change, "McGranahan, D. A.", ~, pp.Agricultural Economic Report No.781(1999) (1999)
- Monchuk, D. C., "An Analysis of Regional Economic Growth in the U.S. Midwest", Review of Agricultural Economics, 29(1), pp.17~39 (2007)
- Nijman, T. E., "Estimation of Time Dependent Parameters in Linear Models Using Cross Sections, Panels or Both", Journal of Econometrics, 46, pp.333~346 (1990)
- Nord, M., "Migration: The Increasing Importance of Rural Natural Amenities", Choices, pp.31~32 (1997)
- Nzaku, K., "Examining the Relationship between Quality of Life Amenities and Economic Development in the Southeast USA", Review of Urban and Regional Development Studies, 17(2), pp.89~103 (2005)
- Porell, F. W., "Intermetropolitan Migration and Quality of Life", Journal of Regional Science, 22(2), pp.137~158 (1982)
- Roback, J., "Wages, Rents, and Amenities: Differences among Workers and Regions", Economic Inquiry, 26(1), pp.23~41 (1988)
- Roback, J., "Wages, Rents, and the Quality of Life", Journal of Political Economy, 90(6), pp.1257~1278 (1982)
- Shields, M., "Simulating the Economic and Fiscal Impacts of High- and Low-Income Elderly on a Small Rural Region", Review of Regional Studies, 14(1), pp.65~80 (1999)
- Simons, R. A., "A Meta-Analysis of the Effect of Environmental Contamination and Positive Amenities on Residential Real Estate Values", Journal of Real Estate Research, 28(1), pp.71~104 (2006)
- Smith, V. K., "Can Markets Value Air Quality? A Meta-Analysis of Hedonic Property Value Models", Journal of Political Economy, 103(1), pp.209~227 (1995)
- Smith, V. K., "Signals or Noise? Explaining the Variation in Recreation Benefit Estimates", American Journal of Agricultural Economics, 72(2), pp.419~433 (1990)
- Steinnes, D. N., "An Econometric Model of Intraurban Location", Journal of Regional Science, 14(1), pp.65~80 (1974)
- Verbeek, M., "A Guide To Modern Econometrics. 2ed" (2004), John Wiley & Sons, Ltd
- White, K. D., "‘Moderate’ Environmental Amenities and Economic Change: The Nonmetropolitan Northern Forest of the Northeast U.S., 1970-2000", Growth and Change, 35(1), pp.42~60 (2000)
- Wolf, F., "Meta-Analysis Quantitative Methods for Research Synthesis. Vol.59" (1986), SAGE Publications Quantitative Applications in the Social Sciences