Dynamic Systems Modelling of the North-West Region: 2. Estimation of the Spatio-Temporal Policy Model

Robert Bennett

Environment and Planning A, 1975, vol. 7, issue 5, 539-566

Abstract: This is the second of four papers which will be published in close sequence in this journal. It examines, first, a general economic-policy model, and second, existing data sources for the North-west region. The restrictions on the availability of data necessitate the specification of a more limited model of spatio–temporal economic structure. Five equations can be specified: for unemployment, employment, population, migration, and industrial movement, although policy variables are also included. Using the identification criteria and diagnostics discussed in the first part of this series, the lag structure of the model is then specified, and the parameters estimated by a two-stage least-squares procedure. The estimates from this model are then used to comment on patterns of regional dynamics and spatial policy.

Date: 1975
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1068/a070539 (text/html)

Related works:
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:sae:envira:v:7:y:1975:i:5:p:539-566

DOI: 10.1068/a070539

Access Statistics for this article

More articles in Environment and Planning A
Bibliographic data for series maintained by SAGE Publications ().