EAN: 9783642229008

EMPIRICAL MODELLING IN REGIONAL SCIENCE - TIMO ...

Economic agents interact in structural relationships through time and space. This work starts
from the empirical observation that all three dimensions  namely time  space  and structural
functional forms  are important for an integrative framework of modern empirical analysis in
regional science. The work thus aims at combining up-to-date econometric tools from the fields
of spatial econometrics  panel time-series analysis and structural simultaneous equation
modelling to analysis the different research questions at hand. Most of the topics dealt within
this work start from a concrete empirical problem  while problem solving also aims at
generating some new knowledge in a methodological way  e.g. by the complementary use of Monte
Carlo simulation studies to compare the empirical performance of different estimators for
specific data samples. Following a first introductory chapter  the work is structured in three
parts addressing major issues in building up a stylized regional economic model such as
interregional migration  factor and final demand estimation. All empirical applications use
German regional data.

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