AN ECONOMETRIC MODEL OF METROPOLITAN EMPLOYMENT AND POPULATION GROWTH
Abstract
This Memorandum presents an econometric model describing the growth of metropolitan employment and population. The analysis is carried out for three geographical areas, the entire Standard Metropolitan Statistical Area (SMSA), the central city, and the metropolitan ring (the part of the SMSA lying outside the central city). A mathematical model was constructed to describe changes taking place in each of the three geographical areas in manufacturing, wholesaling, retailing, and selected service trades; in finance, insurance, and real estate; in transportation, communications, and public utilities; and in government administrative employment, and residential population. The model's parameters were estimated using data taken from a sample of 41 of the largest SMSAs. The model was then used to forecast ten-year changes in employment and population for 36 of the nation's most important metropolitan areas.
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 1963
- Accession Number
- AD0422016
Entities
People
- John H. Niedercorn
Organizations
- RAND Corporation