Industrial Growth in Indiana: Demand Side Decomposition, 2001-2006
AbstractThis paper evaluates Indianaâ€™s economy by using an input-output (I-O) model to decompose output growth of two sectors into regional demand, external demand, the progress of import substitutions, and technological change. We use the Syrquin (1976, 1986, 1988) industry decomposition method to perform this analysis. We examine two industries that have been central to state level economic development policy: logistics and manufacturing of life sciences products. We found that the logistics sector has responded slowly during the post-recession growth experienced by many of the remaining sectors. However, the surgical sector performed well in terms of deepening interindustry linkages.
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Bibliographic InfoArticle provided by Mid-Continent Regional Science Association in its journal Journal of Regional Analysis and Policy.
Volume (Year): 41 (2011)
Issue (Month): 1 ()
Demand and Price Analysis; Industrial Organization;
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.:
- Syrquin, Moshe, 1988. "Patterns of structural change," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 7, pages 203-273 Elsevier.
- Michael J. Hicks & Michael LaFaive, 2011. "The Influence of Targeted Economic Development Tax Incentives on County Economic Growth: Evidence From Michigan's MEGA Credits," Economic Development Quarterly, , vol. 25(2), pages 193-205, May.
- Frank J. Calzonetti & Jay D. Gatrell, 2000. "State Science and Technology Planning in West Virginia: Challenges Facing Practitioners," Economic Development Quarterly, , vol. 14(4), pages 360-375, November.
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