The sources of sectoral fluctuations in metropolitan areas

Article Abstract:

Sources of employment growth differentials among industries in metropolitan Philadephia are examined using the shift-share model. These sources are national, industrial, regional and idiosyncratic factors that can be estimated using an autoregressive vector semistructure. Derived from standard supply and demand analysis, the shift-share model decomposes regional industrial growth into metropolitan industry employment, national industry employment and national employment figures. However, more general specifications outperform this restrictive model, which understates the effects of local industry shocks on sectoral employment. The results imply that local shocks are a major determinant of regional employment trends.

Demographic aspects, Community development, Industrial development, Industrialization

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Compensating differentials and the social benefits of the NFL

Article Abstract:

Hedonic rent and wage equations are used to measure compensating differential in central cities and metropolitan areas with franchises of the National Football League (NFL). If the quality-of-life benefits are included in the calculations, the larger public expenditure on sports franchise will prove a good investment for the cities and their residents.

Wage Administration, Personnel administration, Compensation and benefits, Compensation management, National Football League

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Sources of sectoral employment fluctuations in central cities and suburbs: evidence from four eastern U.S. cities

Article Abstract:

This article presents a model of urban and central employment, taking into account fluctuations in sectoral movements. Results reveal little feedback between suburban and central city employment; the most significant influence comes from local shocks of supply and/or demand.

Social aspects, Statistical Data Included, Analysis, Public sector, City and town life, Urban life

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