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A simple statistical model is developed to assess the implications of random measurement errors in reported per capita incomes and of the bias caused by the use of official exchange rates for (1) regional per capita incomes and (2) regional income inequality. It appears that regional per capita incomes can be estimated with a fair degree of accuracy, provided that the measurement errors of the reported per capita incomes of individual countries are not too highly positively correlated. The measurement of regional inequality is characterized by considerable uncertainty. [ABSTRACT FROM AUTHOR]

Explores the structural changes and pattern of specialization that followed the formation of the Central American Common Market (CACM) in the 1960s. Obstacle to the integration movement in Central American countries; Reciprocity-without-planning structure of the intra-regional trade; Intra-industry trade and specialization in the manufacturing sector; Implications of the CACM on the problem of balanced growth.

Discusses an effort to delineate a new development region for the United States mid-South. Evaluation of the economic relationships among the various areas of the proposed region; Evaluation of a geographic configuration as an economic planning region.

This paper suggests significant processes associated with regional industrial change. Particular emphasis is given to the sensitivity of an open regional economy to shifts in external trade relationships and the ability of management to assess and adapt to the changing forces influencing theft industries. The case study of Northern Ireland between 1950 and 1968 attempts to explain the transition followed by the leading older industries and why certain alternative paths for regional transition were followed. A recurrent theme is the crucial role played by the regional government. [ABSTRACT FROM AUTHOR]

El artículo presenta varias consideraciones sobre los pagos intracentroamericanos. Las estimaciones del comercio intracentroamericano para los próximos diez años muestran la necesidad de crear un sistema regional de pagos. Este sistema es necesario para estimular el intercambio de productos y servicios entre los países en la región.

The article focuses on the concept of regional research in agricultural economics. The land economist, attempting to discover rational alternative uses of land would find it necessary to include an entirely different regional unit structure than either marketing or farm management. In regional research, the unit is the competitive area having some sort of geographic dimensions; while non-regional research need not have geographic boundaries and may be thought of as test-tube research. Regional research must subordinate analytical dissection to synthesis. In fact, the discovery of the means of balancing the regional economy into the most effective utilization of the available resources in an operating unit should be its primary function. The methods to be used in regional research are more difficult to set forth because of lack of precedent. The methods used thus far in regional research have little to recommend them beyond the methods used in non-regional research. As a usual practice, in a larger area the common feeling seems to be that more statistics are needed.

This article focuses on the regional variation in business cycles in the U.S., based on several studies aimed to analyze economic activity in restricted areas. These studies, reportedly, cover many different types of regional units, such as cities, metropolitan trading areas, states, federal reserve districts or other large regions, and the operating areas of a business enterprise. Some of these studies have made detailed investigations of the differences shown by measures of economic activity for given regional classifications. For the purpose of such an analysis, the post-war period 1919-1931 represents a chronological unit in recent cyclical history. For this post-war period, an analysis is presented in this article of the regional variation in the bimonthly cycles of bank debits and department store sales by federal reserve districts together with a comparison of the cycles of the districts with those for the U.S. The use of bimonthly items, suggestively, provides a time interval sufficiently small to recognize significant differences in timing, amplitude, and pattern of cyclical fluctuations, and has the further advantage of smoothing out small erratic movements in the figures for the cycles.

Focuses on the important aspects of the hsien capital. Establishment of hsien capital for administrative convenience and for tax collection; Asessment of population growth, frontier expansion, sequent occupance and the regional economic development; Influence of cultural factors on the formation of hsien capital.

Examines the characteristics of a regional margin of the corn and dairy belts in the United States. Land use patterns; Method of studying regional margins; Effect of geographical location on economic phenomena.

Discusses the regionalization of Indiana. Topographic regions; Soil regions; Productivity and land values.

Discusses issues related to regional planning and economic development in the United States as of April 1973. Trouble with teacher salaries; Slow growth in the number of preplanned cities; Unsettled problems in community power studies.

Describes the regional economic program development at the Office of Business Economics' Regional Economic Division in the United States. Economic structure of area; Geographic origin of corporate profits; Personal income analysis.

Examines the implications of aggregation in regional input-output models. Test of the aggregation hypothesis in G.A. Doeksen and C.H. Little's study; Theorems for the absence of aggregation bias; Evidence showing the difficulties of unweighted aggregation; Effect of aggregation bias when the changes in final demand where not proportional to those observed in the base period.

Compares the effects of business cycles on employment in the Standard Metropolitan Statistical Areas in the Appalachian Region and in the South with the effects on the U.S. Impact of business cycles on regional growth; Relation between national economic growth and regional employment spread effects; Problems in the institutional structure and industrial mix in the regions.

Introduces a series of articles on urban development published in the journal 'Growth & Change.' Definition of a city compared to a grapevine; Formation of welfare programs; Development of a national policy framework; Problems of water pollution.

Presents a study which examined the regional flow of credit funds through private financial institutions in Mexico. Analysis of the requirements for regional industrialization; Use of a different framework from the formal Flow of Funds Accounts model; Characteristics of the financial system.

Deals with a study which demonstrated the objective procedure for the selection of subregions for analysis. Characteristics of subregions required for analysis; Evaluation of the efficiency of the pulpwood industry in Pennsylvania; Principal results of the discriminant analysis.

Discusses the impact of the economic policy of increasing educational fund for poor regions in the United States. Overview of government's educational funds and expenditures; Migration of human capital to economically stronger regions; Implications.

Discusses the impact of economic fluctuations on Standard Metropolitan Areas selected from various areas in the United States for the period 1961-1968. Trade-off between undifferentiated payroll maximization and achievement of relative cyclical stability; Vulnerability of durable goods manufacturing on economic fluctuations; Implications for metropolitan industrialization and administration planning.

Describes spatial multiplier and other factors which affected the selection of a Montreal airport site in Quebec. Background of the investment project; Investment cost of the airport construction project; Income and employment multipliers of the project; Implications for regional development.

Discusses the goal problems in regional policy including efficiency and equity. Allocation of resources and maximization of growth in the national economy; Reduction of interregional disparities; Trade-off functions of regional growth and equity; Conflict between efficiency and equity; Fiscal constraints of regional development.

Discusses the steps involved in determining the input-output structure of a regional economy from secondary data. Types of information needed by states or regions concerning the relationships between the private and public sectors of the economy to plan effectively for future growth; Reasons that a regional input-output structure developed by using national production coefficients can differ from a national structure; Advantages associated with the secondary data method.

Analyzes the potential impact of federal participation on regional economic growth in the United States. Pattern of investments; Calculations for per capita earnings of states; Expenditures in human resource investments.

Explores the developments in the relationship between regional economics and the regionalism embodied in the regional development legislation of 1965 in the United States. How regional theory might be made more relevant to policy problems; Ways to make regional policy more efficient by greater regard for economic theory.

Assesses the developments in the field of regional economics in the United States in both their theoretical and empirical aspects. Representative bibliography of the works in regional economics; Theories and techniques for tackling the problems of regional economic change; Reasons behind the growth of interest in regional planning.

El artículo discute los programas internacionales de enseñanza económica. La Facultad de Ciencias Económicas de la Universidad de Chile ha creado la Escuela de Estudios Económicos Latinoamericanos para ofrecer estudios especializados en la economía de la región. Cada estudiante de la escuela tiene como propósito estudiar varios aspectos de la economía como, por ejemplo, la teoría, desarrollo, y geografía económica.

Examines the relevance of Schumpeter's theory to regional economic development. Schumpeter's definition of capitalism; Solutions to the spatial inequality of an economic system; Usefulness of Schumpeter's economic model to regional economic development.

Presents the definitional and measurement problems associated with developing gross state product (GSP) series in the United States. Importance of GSP; Regional economic analysis; Regional personal income and employment forecasting.

Discusses the political implementation of regional theory in the Appalachian Region of the United States. Background of regional theory in relation to regional economics and geography; Difficulties and challenges of the implementation; Assessment of the regional development program initiated by the Appalachian Regional Commission.

Focuses on the state and development of regional economic theory. Importance of growth center theory; How growth centers induced economic activities via beneficial spread effects; Description of growth center strategies designed by countries; Integration of regional economics analysis.

Assesses literature on economic study of regional development. Methods of regional economic forecasting; Popularity of input-output models of regional development; Forecast for regional exports and other exogenous demands.

Presents a commentary on articles which discuss issues of assembling and using input-output tables for regional economic analysis. Treatment of investment in the West Virginia model; Economic implications of the findings of the input-output analysis; Reasons why emphasis should be shifted to constructing multi-regional input-output tables.

Comments on Geoffrey J.D. Hewings' (1972) analysis of the implications of aggregation in regional input-output models. Clarifications concerning Hewings' interpretation of G.D. Doeksen and C.H. Little's aggregation hypothesis; Limitations in Hewings' findings.

Provides an overview of the book 'Regional Economics: Location, Theory, Urban Structure, and Regional Change,' by Harry W. Richardson.