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- Title
Urban Employment Models: Estimation and Interpretation.
- Authors
Polzin, Paul E.
- Abstract
Regional economics has developed a number of models which, on the surface, seem to offer an ideal starting point for making an analysis of a specific area or the short-run outcome of a single project. However, the actual application of these models to specific events or areas is wrought with a number of potential difficulties which could seriously reduce their usefulness to the planner/analyst. Regional Economic Theory describes the short-run economic behavior of a region. This approach is essentially Keynesian; it attributes fluctuations to stimuli which originate outside the area under study but whose final effect is amplified by internal reactions. A Difference in Goals, economists have used this body of theory as the basis for estimating regional models and it is this literature to which the planner/analyst may turn for guides in designing his specific method of analysis. A planner/analyst may believe that these studies provide an ideal starting point and all he need do is to choose the appropriate version, insert his data, and crank out the answers.
- Subjects
EMPLOYMENT; URBAN economics; ECONOMETRIC models; ECONOMICS; REGIONAL economics; REGIONAL planning; JOB creation
- Publication
Land Economics, 1973, Vol 49, Issue 2, p226
- ISSN
0023-7639
- Publication type
Report
- DOI
10.2307/3145288