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The Incorporation Of Multiple Bases Into Shift‐Share Analysis
Author(s) -
MCDONOUGH CAROL C.,
SIHAG BALBIR S.
Publication year - 1991
Publication title -
growth and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.657
H-Index - 55
eISSN - 1468-2257
pISSN - 0017-4815
DOI - 10.1111/j.1468-2257.1991.tb00537.x
Subject(s) - metropolitan area , economic base analysis , base (topology) , shift share analysis , state (computer science) , paradigm shift , economic geography , economics , econometrics , economy , regional science , geography , computer science , microeconomics , mathematics , mathematical analysis , philosophy , archaeology , epistemology , algorithm
ABSTRACT This paper expands the shift‐share technique by developing a methodology for selecting and including both primary‐ and secondary‐base economies in the shift‐share model. This is useful when the shift‐share technique is applied to subregional economies, whose economic growth is typically tied to the economies of both the state and the nation. The expanded methodology is illustrated with data from the Lowell, Massachusetts, Primary Metropolitan Statistical Area (PMSA).