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Copyright of Papers in Regional Science is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Papers in Regional Science is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This paper analyses household preferences for in-house piped water in urban and rural Indonesia via a hedonic price model, specified as a constrained autoregression-structural equation model ( ASEM). ASEM reduces bias due to time-varying omitted variables and measurement errors. In addition, it provides a convenient way of testing and correcting for endogeneity. On the basis of the Indonesia Family Life Survey data set, we find that on average urban and rural households have the same willingness to pay for in-house piped water, that is, 34.24 per cent of their monthly house rent. For the 25 per cent urban and rural households with lowest expenditure, this percentage is equivalent to 9.41 per cent and 7.57 per cent of their monthly expenditure, respectively. The findings support a need for further investment in in-house piped water in both areas, particularly for the households with the lowest expenditure levels. [ABSTRACT FROM AUTHOR]

This paper documents important changes in the Chinese macroeconomic environment over the last three decades. The volatility of Chinese aggregate economic activities has fallen dramatically by nearly 60 per cent during its reform period, a phenomenon that coincides with the ' Great Moderation' that occurred in most industrialized economies. We employ a provincial panel-data method to investigate the driving forces of the increasing macroeconomic stability in China. We examine the empirical relationship between output volatility and various economic, policy, institutional, and demographic factors. Our results suggest that the acceleration of reform toward the market economy, which began around 1994, generally leads to a widespread output volatility reduction across Chinese provinces. Both state-owned enterprise reform and human capital accumulation are important determinants of output volatility since the mid-1990s; they play an important role in explaining the provincial differences on volatility reduction. [ABSTRACT FROM AUTHOR]

We estimate a regional spatial panel simultaneous-equations growth model, using a five-step new estimation strategy that generalizes an approach outlined in Kelejian and Prucha. The study region consists of the 418 Appalachian counties 1980−2000. Estimates show feedback simultaneities among the endogenous variables, conditional convergence with respect to the respective endogenous variables, and spatial autoregressive lag and spatial cross-regressive lag effects with respect to the endogenous variables. A key policy conclusion is that sector-specific programs should be integrated and harmonized and that regionally differentiated development policies may yield greater returns than treating all locations the same. Estimamos un modelo de crecimiento de panel espacial regional por ecuaciones simultaneas, utilizando una nueva estrategia de estimación de cinco pasos que generaliza una enfoque descrito en Kelejian y Prucha. La región de estudio comprende los 418 condados Apalaches 1980-2000. Las estimaciones muestran simultaneidades de retroalimentación entre las variables endógenas, convergencia condicional con respecto a las variables endógenas respectivas, y un retardo espacial autorregresivo y efectos de retardo regresivos cruzados espaciales con respecto a las variables endógenas. Una conclusión clave sobre políticas es que los programas sectoriales específicos deberían estar integrados y armonizados, y que las políticas de desarrollo diferenciadas regionalmente podrían producir mejores retornos que si se tratasen todas las localizaciones del mismo modo. [ABSTRACT FROM AUTHOR]

We examine the local determinants of destination choices of foreign immigrants to the Madrid metro area using data for 2005 and 2009 from the Spanish annual municipal-level registers of inhabitants. Taking advantage of the equivalence relation between conditional logit and Poisson, we estimate a location-choice model using the Poisson fixed-effects estimator. Origin-destination fixed effects are incorporated to account for the persistent spatial structure of the immigrants' settlement patterns and to control for potential violations of the independence of irrelevant alternatives ( IIA) assumption. The Poisson regression model is estimated for seven different groups of immigrants according to world regions or countries of origin. Our modelling strategy has important empirical implications, with magnitudes and/or signs of the estimated coefficients changing in the expected directions. It is found that newly arriving immigrants tend to settle in low-to-middle-income locations in the suburban reaches of the Madrid metro area. Moreover, the effects of the size of local communities of established immigrants are found to be insignificant and even negative in several instances, reflecting hetero-local settlement preferences and/or the saturation of local networks causing in-group job rivalry, respectively. [ABSTRACT FROM AUTHOR]

We analyse the determinants of firm entry in developing countries using Argentina as an illustrative case. Our main finding is that although most of the regional determinants used in previous studies analysing developed countries are also relevant here, there is a need for additional explanatory variables that proxy for the specificities of developing economies (e.g., poverty, informal economy and idle capacity). We also find evidence of a core-periphery pattern in the spatial structure of entry that seems to be mostly driven by differences in agglomeration economies. Since regional policies aiming to attract new firms are largely based on evidence from developed countries, our results raise doubts about the usefulness of such policies when applied to developing economies. [ABSTRACT FROM AUTHOR]