Since key sectors have high backward and forward linkages with rest of the economy, investment in these sectors is expected to maximize the economic growth, which is extensively meaningful in undeveloped or developing countries with limited resources. Besides, it is considerably necessary and...

We investigate the extent to which a local industry is affected by an overrepresentation of related industries in the local economy. We focus on two types of inter-industry relatedness, namely, the degree to which two industries can employ a similarly skilled labor force and the degree to which...