A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Regional implications of the 2001 recession
Abstract This paper investigates the 2001 recession on a state by state basis. The approach used for this investigation measured the state by state severity of the 2001 recession and identifies the contribution that each state made to the overall U.S. GDP Okun gap. State by state long-term growth rates for both output and employment were calculated and an “Okun gap contribution” for the 2001–2005 period was estimated for each state. Each state’s Okun gap contribution for output and employment was expressed in relative terms allowing for comparisons of volatility between states with respect to the 2001 recession. Finally, for both output and employment regressions were estimated using the relative Okun gap contribution as the dependent variable and selected demographic and economic measures as explanatory variables to explain the state and regional differences in cyclical performance. The results of the regression analysis provide insight into the factors that tend to increase state and regional cyclical volatility and the factors that tend to smooth volatility.
Regional implications of the 2001 recession
Abstract This paper investigates the 2001 recession on a state by state basis. The approach used for this investigation measured the state by state severity of the 2001 recession and identifies the contribution that each state made to the overall U.S. GDP Okun gap. State by state long-term growth rates for both output and employment were calculated and an “Okun gap contribution” for the 2001–2005 period was estimated for each state. Each state’s Okun gap contribution for output and employment was expressed in relative terms allowing for comparisons of volatility between states with respect to the 2001 recession. Finally, for both output and employment regressions were estimated using the relative Okun gap contribution as the dependent variable and selected demographic and economic measures as explanatory variables to explain the state and regional differences in cyclical performance. The results of the regression analysis provide insight into the factors that tend to increase state and regional cyclical volatility and the factors that tend to smooth volatility.
Regional implications of the 2001 recession
Connaughton, John E. (author) / Madsen, Ronald A. (author)
2008
Article (Journal)
Electronic Resource
English
BKL:
83.64$jRegionalwirtschaft
/
74.12
Stadtgeographie, Siedlungsgeographie
/
38.00$jGeowissenschaften: Allgemeines
/
38.00
Geowissenschaften: Allgemeines
/
83.64
Regionalwirtschaft
/
74.12$jStadtgeographie$jSiedlungsgeographie
RVK:
ELIB39
/
ELIB18
/
ELIB45
Local classification FBW:
oek 4450
Regional implications of the 2001 recession
| Online Contents | 2008
Housebuilding in a recession: A regional case study
| Online Contents | 1997
Housebuilding in a recession: A regional case study
| Online Contents | 1997
Regional Responses to Recession: The Role of the West Midlands Regional Taskforce
| Taylor & Francis Verlag | 2014
Regulars - Regional briefing - Western Europe: Coping with global recession.
Online Contents | 2001