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Full-Text Articles in Other Economics

Amenities And Non-Farm Employment Growth In The U.S. Midwest: The Impact Of Recreational Amenities In Neighboring Counties, Daniel C. Monchuk, John A. Miranowski Jan 2007

Amenities And Non-Farm Employment Growth In The U.S. Midwest: The Impact Of Recreational Amenities In Neighboring Counties, Daniel C. Monchuk, John A. Miranowski

Economics Publications

This study examines the role of recreational amenities, both within the county as well in neighboring counties, on employment growth using data from 618 counties in the U.S. Midwest. Using a wide range of amenity variables and spatial econometric methods, we find that natural and recreational amenities have played a role in non-farm employment growth over the years 1969 to 2000. Further, the results also indicate that the presence of recreational amenities in neighboring counties have also played an important role in explaining employment growth as opposed to only amenities within the county itself.


North–South Trade And Income Inequality, E. Kwan Choi Jan 2007

North–South Trade And Income Inequality, E. Kwan Choi

Economics Publications

This paper investigates the effects of North–South trade on international income inequality. While empirical studies suggest that trade liberalization encourages income convergence and reduces the per capita income gap between poor and rich countries, North–South trade is shown to increase the income gap between the two regions. On the other hand, trade liberalization by either region increases the welfare of both regions, and does not necessarily reduce the gap in “real income” or utility.