An Application of the Disequilibrium Adjustment Framework to Small Area Forecasting and Impact Analysis

Jae Hong Kim, Geoffrey J.D. Hewings

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Regional disequilibrium adjustment frameworks, pioneered by Carlino and Mills (1987), have been widely employed for a broad range of regional and more disaggregated level research. In particular, the method has been more extensively used, after Boarnet (1994a) extended the original form of the adjustment model by introducing a spatial weight matrix into the equation system in order to explicitly consider the intrinsic spatial interdependence. So far, the applications include a variety of empirical analyses of growth dynamics, ranging from the examinations of the population-employment interaction (see e.g. Carlino and Mills 1987; Boarnet 1994b; Clark and Murphy 1996; Vias 1999) to the studies on spatial linkages (see e.g. Henry et al. 1997, 1999, 2001; Feser and Isserman 2005) and the investigations on development policy issues (see e.g. Bollinger and Ihlanfeldt. 1997; Edmiston 2004; Ke and Feser 2010).

Original languageEnglish (US)
Title of host publicationDefining the Spatial Scale in Modern Regional Analysis
Subtitle of host publicationNew Challenges from Data at Local Level
EditorsEsteban Fernández Vázquez, Fernando Rubiera Morollón
PublisherSpringer
Pages139-155
Number of pages17
ISBN (Electronic)9783642319945
ISBN (Print)9783642319938, 9783642447488
DOIs
StatePublished - 2012

Publication series

NameAdvances in Spatial Science
Volume75
ISSN (Print)1430-9602
ISSN (Electronic)2197-9375

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Economics and Econometrics

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