INFERENCE BASED ON ALTERNATIVE BOOTSTRAPPING METHODS IN SPATIAL MODELS WITH AN APPLICATION TO COUNTY INCOME GROWTH IN THE UNITED STATES*

This study examines aggregate county income growth across the 48 contiguous states from 1990 to 2005. To control for endogeneity, we estimate a two-stage spatial error model and implement a number of spatial bootstrap routines to infer parameter significance. Among the results, we find that outdoor recreation and natural amenities favor positive growth in rural counties and property taxes correlate negatively with rural growth. Comparing...