Regional Population-Employment Dynamics across Different Sectors of the Economy

An important subset of the literature on agglomeration externalities hypothesizes thatintrasectoral and intersectoral relations are endogenously determined in models of localand regional economic growth. Remarkably, structural adjustment models describing thespatio-temporal dynamics of population and employment levels or growth traditionally donot include intersectoral economic dynamics. This paper argues and shows that allowingfor economic linkages across sectors in these models adds considerable value, especially inforecasting. An econometric model of population-employment dynamics in which... Mehr ...