THE REVIEW OF REGIONAL STUDIES

THE REVIEW OF REGIONAL STUDIES VOLUME25 Winter 1995 Contents Number3 Edward J. Malecki GLOBAL CITIES AND BACK ROADS: PERSPECTIVES ON THE SOUTHERN ECONOMY... 237 Bruce L. Benson, Merle D. Faminow, Milton H. Marquis and Douglas G. Sauer DELINEATING SPATIAL MARKETS USING MUL TN ARIATE TIME SERIES.................. 247 Jeffrey J. Pompe and James R. Rinehart THE VALUE OF BEACH NOURISHMENT TO PROPERTY OWNERS: STORM DAMAGE REDUCTION BENEFITS...... 271 Richard A. Hofler and James E. Payne REGIONAL EFFICIENCY DIFFERENCES AND DEVELOPMENT POLICY OF AGRICULTURE IN THE YUGOSLAV REPUBLICS: ESTIMATES FROM PANEL DATA............ 287 Afsaneh Assadian FISCAL DETERMINANTS OF MIGRATION TO A FAST -GROWING STATE: HOW THE AGED DIFFER FROM THE GENERAL POPULATION... 301 Kim McCoy and Ronald L. Moomaw DETERMINANTS OF MANUFACTURING EFFICIENCY IN CANADIAN CITIES: A STOCHASTIC FRONTIER APPROACH... 3 17 G. Andrew Bernat, Jr. and Kenneth Hanson REGIONAL IMPACTS OF FARM PROGRAMS: A TOP-DOWN CGEANALYSIS... 331 The Official Journal of the Southern Regional Science Association Published by The College of Business Administration The University of Tennessee Knoxville, Tennessee

REVIEW OF REGIONAL STUDIES The REVIEW OF REGIONAL STUDIES is published for the Southern Regional Science Association by The College of Business Administration of The University of Tennessee, Knoxville. The REVIEW is published three times a year (No. 1-No. 3), usually as summer, fall, and winter. Editors Henry W. Herzog, Jr., University of Tennessee Alan M. Schlottmann, University of Tennessee Production Editor Jeanne McDonald, University of Tennessee Production Typesetter Patricia Hunley, University of Tennessee Business Manager Holly Wells, University of Tennessee Editorial Board Lowell D. Ashby, U.S. Department of Commerce (ret.) Timothy J. Bartik, W. E. Upjohn Institute for Employment Research Calvin L. Beale, U.S. Department of Agriculture Larry G. Bray, Tennessee Valley Authority Sharon M. Brucker, The Andrew W. Mellon Foundation Joseph V. Cartwright, U.S. Department of Defense John H. Cumberland, University of Maryland (ret.) William F. Fox, University of Tennessee Ernest P. Goss, Creighton University A. Ray Grimes, DRI/McGraw-Hill Niles M. Hansen, University of Texas Curtis C. Harris, Jr., University of Maryland MarkS. Henry, Clemson University James C. Hite, Clemson University Keith R. Ihlanfeldt, Georgia State University John R. Kort, U.S. Department of Commerce Hugh W. Knox, U.S. Department of Commerce William R. Latham, III, University of Delaware W. Warren McHone, University of Central Florida Charles L. Leven, Washington University, St. Louis (ret.) Edward J. Malecki, University of Florida William H. Miernyk, West Virginia University (ret.) David Mulkey, University of Florida Joseph J, Persky, University of Illinois at Chicago David W. Rasmussen, Florida State University Donald Ratajczak, Georgia State University Roger F. Riefler, University of Nebraska William A. Schaffer, Georgia Institute of Technology Niles C. Schoening, University of Alabama- Huntsville William J. Serow, Florida State University Anthony M. Yezer, George Washington University Joseph A. Ziegler, University of Arkansas SOUTHERN REGIONAL SCIENCE ASSOCIATION President Carol T. West, University of Florida President-Elect David Mulkey, University of Florida Co-Executive Directors Kevin T. McNamara, Purdue University Ted Trott, BEA, U.S. Department of Commerce Executive Council Zoe Ambargis, BEA, U.S. Department of Commerce David L. Barkley, Clemson University Andy Bernat, ERS, U.S. Department of Agriculture Garey Durden, Appalachian State University Warren Kriesel, University of Georgia Judith Stallmann, Texas A & M University Past Presidents Robert T. Miki William A. Schaffer Alan R. Winger James M. Stepp William H. Miernyk Monroe Newman Shirley F. Weiss Lowell D. Ashby Niles M. Hansen John H. Cumberland Richard J. Olsen William J. Serow A. Ray Grimes James C. Hite Barry A. Moriarty William R. Latham III HughW. Knox Joseph V. Cartwright David W. Rasmussen MarkS. Henry Andrew M. lsserman Thomas G. Johnson John R. Kort Edward T. Malecki For information concerning subscriptions and submission of manuscripts, see the inside back cover. Neither the editors, their institution, nor the Southern Regional Science Association assumes responsibility for the views expressed by the authors. Copyright 1995 by the Southern Regional Science Association.

THE REVIEW OF REGIONAL STUDIES VOLUME25 Winter 1995 Contents Number3 Edward J. Malecki GLOBAL CITIES AND BACK ROADS: PERSPECTNES ON THE SOUTHERN ECONOMY... 237 Bruce L. Benson, Merle D. Faminow, Milton H. Marquis and Douglas G. Sauer DELINEATING SPATIAL MARKETS USING MULTIVARIATE TIME SERIES......... 247 Jeffrey J. Pompe and James R. Rinehart THE VALUE OF BEACH NOURISHMENT TO PROPERTY OWNERS: STORM DAMAGE REDUCTION BENEFITS... 271 Richard A. Hofler and James E. Payne REGIONAL EFFICIENCY DIFFERENCES AND DEVELOPMENT POLICY OF AGRICULTURE IN THE YUGOSLAV REPUBLICS: ESTIMATES FROM PANEL DATA... 287 Afsaneh Assadian FISCAL DETERMINANTS OF MIGRATION TO A FAST-GROWING STATE: HOW THE AGED DIFFER FROM THE GENERAL POPULATION... 301 Kim McCoy and Ronald L. Moomaw DETERMINANTS OF MANUFACTURING EFFICIENCY IN CANADIAN CITIES: A STOCHASTIC FRONTIER APPROACH..... 317 G. Andrew Bernat, Jr. and Kenneth Hanson REGIONAL IMPACTS OF FARM PROGRAMS: A TOP-DOWN CGE ANALYSIS......... 331 The Official Journal of the Southern Regional Science Association Published by The College of Business Administration The University of Tennessee Knoxville, Tennessee

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