Advertisement

Papers in Regional Science

, Volume 81, Issue 4, pp 461–482 | Cite as

Changing the economic landscape: The phenomenon of regional inversion in the US manufacturing sector

  • Luis Fernando Lanaspa-Santolaria
  • Antonio Montañés
  • Luisa Irene Olloqui-Cuartero
  • Fernando Sanz-Gracia
Article
  • 8 Downloads

Abstract.

Regional inversion is the name given to the phenomenon whereby the traditional industrial areas of certain countries lose their weight in favor of what were formerly peripheral zones. Against this background our first objective is to offer a formal and rigorous definition of the concept of regional inversion from an econometric standpoint. To that end we relate such a process with the long-run concepts of convergence and catching-up. Secondly, we test this definition through the use of unit root statistics and apply these to demonstrate the presence of this phenomenon in some of the US two-digit SIC industries.

JEL classification: C22, L60, R23 
Key words: Regional Inversion, US manufacturing sector, unit root tests, structural breaks 

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Regional Science Association International (RSAI) Urbana, USA 2002

Authors and Affiliations

  • Luis Fernando Lanaspa-Santolaria
    • 1
  • Antonio Montañés
    • 1
  • Luisa Irene Olloqui-Cuartero
    • 1
  • Fernando Sanz-Gracia
    • 1
  1. 1.Department of Economics, University of Zaragoza, Gran Via 2, 50005, Zaragoza, Spain (e-mail: {llanas; amontane; iolloqui; fsanz}@posta.unizar.es) ES

Personalised recommendations