Monchuk, Daniel C.; Hayes, Dermot J.; Miranowski, John; … - Department of Economics, Iowa State University - 2013
This study examines aggregate county income growth across the 48 contiguous states from 1990 to 2005. To control for endogeneity, we estimate a two-stage spatial error model and implement a number of spatial bootstrap routines to infer parameter significance. Among the results, we find that...