The Role of Equilibrium and Disequilibrium in Modeling Regional Growth and Decline: A Critical Reassessment
Journal of Regional Science, Vol. 33, No. 1, pp. 69-84, February 1993
16 Pages Posted: 27 Jul 2009 Last revised: 4 Aug 2010
Date Written: 1993
Abstract
Responding to a paper in this journal by Evans, we assess the relative role of equilibrium and disequilibrium in modeling regional growth and decline. While there are elements of both present, we find a preponderance of evidence that equilibrium forces are the dominant influence.
Keywords: migration, regional growth, regional decline, amenities, disequilibrium, equilibrium
JEL Classification: R11, R12, R13, R14
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
The Value of Climate Amenities: Evidence from US Migration Decisions
By Paramita Sinha and Maureen Cropper
-
Climate Amenities, Climate Change, and American Quality of Life
By David Albouy, Walter Graf, ...
-
Climate Amenities, Climate Change, and American Quality of Life
By David Albouy, Walter Graf, ...