000 01169pab a2200169 454500
008 180718b1998 xxu||||| |||| 00| 0 eng d
100 _aWagner, John E.
245 _aMeasuring the effects of economic diversity on growth and stability
260 _c1998
300 _ap.541-56
362 _aNov
520 _aThe role of economic diversity in regional stability and growth is examined. Contrary to "conventional wisdom" the empirical literature has been unable to confirm the link between diversity and economic performance. Traditional notions of diversity tend to be defined narrowly, usually emphasizing the distribution of employment across industries. These approaches are inadequate because they do not capture elements of inter-industrial linkages. An alternate approach to conceptualizing diversity, based on a regional input-output model, is described and computed for the 50 states. Empirical results suggest that diversity within the theoretical construct of input-output is associated with higher levels of stability and growth. - Reproduced
650 _aEconomic growth
700 _aDeller, Steven C.
773 _aLand Economics
909 _a40094
999 _c40094
_d40094