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Numerous techniques have been devised to make economic base analysis more cost-effective. The simplest of these, the assignment or assumption method, allocates the entire employment (income) of each industry to either the basic or nonbasic sector of the regional economy. Unfortunately,...
Persistent link: https://www.econbiz.de/10010774503
This paper uses OLS regression to analyze the relationships existing between occupation jobs and industry jobs in small southwestern U.S. towns. First, occupation employment in the representative town is estimated from its industry employment. Then the towns are classified into different...
Persistent link: https://www.econbiz.de/10010774560