A MULTI-SECTOR EXPORT BASE MODEL OF LONG-RUN REGIONAL EMPLOYMENT GROWTH

The relationships between intersectoral export and local employment and regional economic growth are analyzed in a long-run equilibrium framework. Dynamic location quotients decompose regional employment into export and local components for multiple sectors. Johansen's Full-Information Maximum Likelihood (FIML) approach is used to identify the existence and resultant rank of the co-integrating relationship between sectoral export and local employment in West Virginia's four metropolitan areas. Empirical results indicate inter-sectoral basic and non-basic employment form a co-integrating system of equations. Furthermore, this analysis shows that inter-sector shocks to local and export employment may cause multipliers to be positive or negative in magnitude.


Issue Date:
2000-10
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/31294
Published in:
Agricultural and Resource Economics Review, Volume 29, Number 2
Page range:
192-197
Total Pages:
6




 Record created 2017-04-01, last modified 2017-04-04

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