Advanced Search
MyIDEAS: Login to save this article or follow this journal

Regional Economic Diversity: Action, Concept, or State of Confusion

Contents:

Author Info

  • Wagner, John E.
Registered author(s):

    Abstract

    Economic diversity has been promoted as a means to achieve the goals of stability and growth. However, the link between diversity, diversification and economic performance depends on the differences, both conceptually and empirically, between diversity and diversification. Unfortunately, the literature contains varying definitions of diversity and diversification. I propose two key points in defining diversity. First, it is a static concept. Second, it examines the size, the presence of multiple specializations, and the linkages present among industries within a region’s economy. A brief review of diversity measures is used to discuss measuring diversity relative to some standard, as an explanatory variable in examining growth and stability, and other issues. No one diversity measure is critique free; care should be taken when using a diversity measure as the only factor in a policy designed to change the structure of a region’s economy, given the goals of growth and stability.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://purl.umn.edu/132170
    Download Restriction: no

    Bibliographic Info

    Article provided by Mid-Continent Regional Science Association in its journal Journal of Regional Analysis and Policy.

    Volume (Year): 30 (2000)
    Issue (Month): 2 ()
    Pages:

    as in new window
    Handle: RePEc:ags:jrapmc:132170

    Contact details of provider:
    Web page: http://jrap-journal.org/index.htm
    More information through EDIRC

    Related research

    Keywords: Institutional and Behavioral Economics;

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Waters, Edward C. & Holland, David W. & Weber, Bruce A., 1994. "Interregional Effects Of Reduced Timber Harvests: The Impact Of The Northern Spotted Owl Listing In Rural And Urban Oregon," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(01), July.
    2. Deller, Steven C. & Chicoine, David L., 1989. "Economic Diversification and the Rural Economy: Evidence from Consumer Behavior," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 19(2).
    3. John R. Kort, 1981. "Regional Economic Instability and Industrial Diversification in the U.S," Land Economics, University of Wisconsin Press, vol. 57(4), pages 596-608.
    4. David W. Hughes & David W. Holland, 1994. "Core-Periphery Economic Linkage: A Measure of Spread and Possible Backwash Effects for the Washington Economy," Land Economics, University of Wisconsin Press, vol. 70(3), pages 364-377.
    5. Michael J. Wasylenko & Rodney A. Erickson, 1978. ""On Measuring Economic Diversification": Comment," Land Economics, University of Wisconsin Press, vol. 54(1), pages 106-109.
    6. Peter Nijkamp & Jacques Poot, 1998. "original: Spatial perspectives on new theories of economic growth," The Annals of Regional Science, Springer, vol. 32(1), pages 7-37.
    7. John E. Wagner & Steven C. Deller, 1998. "Measuring the Effects of Economic Diversity on Growth and Stability," Land Economics, University of Wisconsin Press, vol. 74(4), pages 541-556.
    8. David L. Barkley & Mark S. Henry & Shuming Bao, 1996. "Identifying "Spread" versus "Backwash" Effects in Regional Economic Areas: A Density Functions Approach," Land Economics, University of Wisconsin Press, vol. 72(3), pages 336-357.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Gnidchenko, Andrey, 2011. "Моделирование Технологических И Институциональных Эффектов В Макроэкономическом Прогнозировании
      [Technologica
      ," MPRA Paper 35484, University Library of Munich, Germany, revised May 2011.
    2. Nissan, Edward & Carter, George, 2010. "States' Nonagricultural Employment at the 3-Digit North American Industry Classification System (NAICS) Level," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 40(1).
    3. Bowe, Scott A. & Marcouiller, David W., 2007. "Alternative tourism-timber dependencies and the development of forested rural regions," Forest Policy and Economics, Elsevier, vol. 9(6), pages 653-670, February.
    4. Gnidchenko, Andrey, 2010. "Defragmentation of Economic Growth with a Focus on Diversification: Evidence from Russian Economy," MPRA Paper 27113, University Library of Munich, Germany.
    5. Elizabeth Mack & Yifan Zhang & Sergio Rey & Ross Maciejewski, 2014. "Spatio-temporal analysis of industrial composition with IVIID: an interactive visual analytics interface for industrial diversity," Journal of Geographical Systems, Springer, vol. 16(2), pages 183-209, April.
    6. Richard Stedman & Mike Patriquin & John Parkins, 2012. "Dependence, diversity, and the well-being of rural community: building on the Freudenburg legacy," Journal of Environmental Studies and Sciences, Springer, vol. 2(1), pages 28-38, March.
    7. Xiaobing Shuai, 2013. "Will specialization continue forever? A case study of interactions between industry specialization and diversity," The Annals of Regional Science, Springer, vol. 50(1), pages 1-24, February.
    8. Valerien O. Pede, 2013. "Diversity And Regional Economic Growth: Evidence From Us Counties," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 38(3), pages 111-127, September.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ags:jrapmc:132170. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.