Employment and Population Growth in Florida's Counties

The IUP Journal of Applied Economics, 8 Vol. XIII, No. 1, January 2014, pp. 7-19

Posted: 27 Aug 2014

See all articles by Sooriyakumar Krishnapillai

Sooriyakumar Krishnapillai

American University of Nigeria

Henry W. Kinnucan

Auburn University

John Leonard

American University of Nigeria

Date Written: August 25, 2014

Abstract

This paper studies the spatial effect of employment growth on population growth in Florida’s counties by developing a regional growth model as spatial panel simultaneous equations model of population and employment using county data for the period 1990-2010. Partial lag adjustment is introduced into this regional growth equilibrium model and one-way error component model for the disturbances is also utilized. Generalized Spatial Three-Stage Least Squares (GS3SLS) procedure outlined by Kelejian and Prucha (2004) is used to estimate the regional growth model. The findings show the existence of spatial lag in the model and indicate that both population growth and employment growth are not only dependent on the characteristics of a particular county, but also on those of its neighbors. These interdependences provide the need for economic development policy coordination among the counties.

Suggested Citation

Krishnapillai, Sooriyakumar and Kinnucan, Henry W. and Leonard, John, Employment and Population Growth in Florida's Counties (August 25, 2014). The IUP Journal of Applied Economics, 8 Vol. XIII, No. 1, January 2014, pp. 7-19, Available at SSRN: https://ssrn.com/abstract=2486283

Sooriyakumar Krishnapillai (Contact Author)

American University of Nigeria ( email )

Lamido Zubairu Way
Yola By-Pass
Yola, Adamawa State 234
Nigeria

Henry W. Kinnucan

Auburn University ( email )

415 West Magnolia Avenue
Auburn, AL 36849
United States

John Leonard

American University of Nigeria ( email )

Lamido Zubairu Way
Yola By-Pass
Yola, Adamawa State 234
Nigeria

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