BASIC PORTFOLIO MODELS FOR INTERREGIONAL ANALYSIS

Authors

  • Dean M. Hanink,

    1. DEAN M. HANINK (Ph.D., University of Georgia) is an Associate Professor of Geography at the University of Connecticut, Storrs, CT 06268. His present research focuses on spatial economic cycles.
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  • Robert G. Cromley

    1. ROBFRT G. CROMLEY (Ph.D., Ohio State university) is an Associate Professor in the same department. His researrh interests include industrial geography and mathematical programming models.
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Abstract

Basic contemporary portfolio models are applied to an interregional economic analysis of U.S. Census Regions during 1963-1978. The models are well suited the type of analysis that partitions a region's economic cycle into national and local components. Portfolio theory provides a logic for interregional cross investment; results of an empirical test indicate portfolio theory may be superior to simple neoclassical theory in explaining spatial patterns of capital investment.

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