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REGIONAL IMPACT OF WATER RESOURCE INVESTMENTS IN A DEVELOPING AREA 1
Author(s) -
Attanasi Emil
Publication year - 1975
Publication title -
jawra journal of the american water resources association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.957
H-Index - 105
eISSN - 1752-1688
pISSN - 1093-474X
DOI - 10.1111/j.1752-1688.1975.tb00661.x
Subject(s) - industrialisation , resource (disambiguation) , investment (military) , distribution (mathematics) , economics , econometrics , regression analysis , regional development , geography , statistics , mathematics , regional science , computer science , political science , computer network , mathematical analysis , politics , law , market economy
Regional development and industrialization patterns are investigated and related via regression analysis to water resource investments for the island of Puerto Rico. Although results of this study indicate such investments have little immediate or short‐term impact, significant relationships and variations in regional responses appear over longer time periods. This is shown by applying a variation of Zellner's method of performing seemingly unrelated regressions jointly. By this method, subsets of parameter coefficients of specific economic variables were restricted across regional equations while unrestricted coefficients were interpreted as explaining systematic regional variations in response to public investment. Regional differences, obtained by using this method, are frequently neglected when simply examining the overall development process. Among the more interesting results in terms of policy implications is the apparent significant relationship, over the period considered, between changes in the distribution of income and the pattern of water resource development.