Shift-share analysis results with either the conventional model or the DEM model are identical at the regional level. At the industrial level, however, the two models are quite different. In the author's original article, he indicated that he believed the DEM model to be superior to the...

This article focuses on the role of real and money wages in a state’s growth (macro) and location (micro) prospects. Data from the Bureau of Labor Statistics Occupational Employment Statistics (OES) survey for 2000 were used first to indirectly estimate state cost-of-living (COL) indices....