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Changing Employment Profiles and Growth: An Economic Base Study of Florida Counties (1982–1987)
Author(s) -
FIK TIMOTHY J.,
AMEY ROBERT G.,
MALECKI EDWARD J.
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.tb00556.x
Subject(s) - economic base analysis , tertiary sector of the economy , economics , economic sector , demographic economics , primary sector of the economy , service (business) , econometric model , state (computer science) , economic geography , geography , economy , econometrics , algorithm , computer science , microeconomics
Location Quotients are used to estimate economic base multipliers for two‐digit Standard Industrial Classification employment data at the county level for the state of Florida. Changes in multipliers are contrasted to changes in county employment profiles and demographic trends for the period 1982 to 1987. Counties are then classified by employment and growth characteristics. A cross‐sectional econometric model is constructed to explain regional shifts in total employment. It is demonstrated that although the Florida economy is supported by a low level of employment activity in primary and secondary sectors (relative to the tertiary sector), these sectors tend to be very important in explaining variations in regional economic growth. The empirical findings suggest that the alleged service‐oriented economy of Florida is still reliant upon export‐oriented activity as the catalyst for employment expansion.