The Effects of Institutions and Agglomerations on Interstate Income Flows within the US from 2004 to 2007

• Main Authors: Graeme Ross Hepworth, 汪昕諒
• Other Authors: Kai Yin Allison Haga
• Format: Others
• Language: en_US
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/99491002537474892869

碩士 === 國立中山大學 === 企業管理學系研究所 === 104 === The governmental structure of the U.S. leads states to compete against each other for mobile capital. Migrants should be attracted to states which have institutions supporting economic and personal freedom and well developed agglomeration economies. This study uses a gravity-type analysis of income weighted migration flows with thirty multivariate linear regression models using 2004 to 2007 state level data. Economic, personal and overall freedom, attract migrants and promote circulation, suggesting that small government with lower taxes, less intervention, fewer regulations and less paternalism are associated with both higher inflows of migrants and higher rates of circulation. Creativity increases circulation but does not attract migrants. Agglomeration economies encourage ‘brain circulation’, but do not attract migrants possibly due to larger governments and higher costs. Education level neither attracts new migrants nor increases circulation. Larger populations and higher Gross State Product increase circulation. Higher crime rates, colder climate, and increasing distance from origin to destination are negatively associated with migration.