THE GREAT RECESSION AND NONMETROPOLITAN AMERICA

Dan Rickman and Mouhcine Guettabi

Journal of Regional Science, 2015, vol. 55, issue 1, 93-112

Abstract: type="main">

The influence of the housing market on U.S. business cycle dynamics during the previous decade has been well documented. Yet, little if anything is known about how nonmetropolitan areas fared. This study examines the association of regional housing market bubbles with relative nonmetropolitan economic performance during the business cycle phases of the decade. Among the primary findings, the study establishes the association of natural amenity attractiveness with nonmetropolitan housing market bubbles and growth during the expansion phase. During the Great Recession, industry composition best explained the pattern of employment declines and natural population growth differences best explained the variation of population growth, with amenity attractiveness waning in importance.

Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://hdl.handle.net/10.1111/jors.12140 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: The Great Recession and Nonmetropolitan America (2013)
Working Paper: The Great Recession and Nonmetropolitan America (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jregsc:v:55:y:2015:i:1:p:93-112

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0022-4146

Access Statistics for this article

Journal of Regional Science is currently edited by Marlon G. Boarnet, Matthew Kahn and Mark D. Partridge

More articles in Journal of Regional Science from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().