Abstract
Building on Harrigan and McGregor's (Journal of Regional Science, 1987,27,357-367) model of regional financial markets and Moore, Karaska and Hill's (Journal of Regional Science, 1985, 19, 29-35) Keynesian-type model of regional income, this analysis presents a modelofthe relationship between regional financial markets and regional income. Two version of the model are examined, one based on interest-rate induced regional expenditures and the other on credit expenditures. An empirical test suggests the credit-induced version of the model better reflects regional growth.
| Original language | English |
|---|---|
| Pages (from-to) | 85-110 |
| Number of pages | 26 |
| Journal | Regional Science and Urban Economics |
| Volume | 23 |
| Issue number | 1 |
| DOIs | |
| State | Published - 1993 |
| Externally published | Yes |
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All Science Journal Classification (ASJC) codes
- Economics and Econometrics
- Earth and Planetary Sciences(all)
- Environmental Science(all)
Cite this
A model of the interaction between regional financial markets and regional growth. / Amos, Orley M.; Wingender, John R.
In: Regional Science and Urban Economics, Vol. 23, No. 1, 1993, p. 85-110.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - A model of the interaction between regional financial markets and regional growth
AU - Amos, Orley M.
AU - Wingender, John R.
PY - 1993
Y1 - 1993
N2 - Building on Harrigan and McGregor's (Journal of Regional Science, 1987,27,357-367) model of regional financial markets and Moore, Karaska and Hill's (Journal of Regional Science, 1985, 19, 29-35) Keynesian-type model of regional income, this analysis presents a modelofthe relationship between regional financial markets and regional income. Two version of the model are examined, one based on interest-rate induced regional expenditures and the other on credit expenditures. An empirical test suggests the credit-induced version of the model better reflects regional growth.
AB - Building on Harrigan and McGregor's (Journal of Regional Science, 1987,27,357-367) model of regional financial markets and Moore, Karaska and Hill's (Journal of Regional Science, 1985, 19, 29-35) Keynesian-type model of regional income, this analysis presents a modelofthe relationship between regional financial markets and regional income. Two version of the model are examined, one based on interest-rate induced regional expenditures and the other on credit expenditures. An empirical test suggests the credit-induced version of the model better reflects regional growth.
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UR - http://www.scopus.com/inward/citedby.url?scp=0027449510&partnerID=8YFLogxK
U2 - 10.1016/0166-0462(93)90030-I
DO - 10.1016/0166-0462(93)90030-I
M3 - Article
AN - SCOPUS:0027449510
VL - 23
SP - 85
EP - 110
JO - Regional Science and Urban Economics
JF - Regional Science and Urban Economics
SN - 0166-0462
IS - 1
ER -