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Industrial Diversification In Nonmetropolitan Counties And Its Effect On Economic Stability

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  • Smith, Stephen M.
  • Gibson, Cosette M.
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    Abstract

    Applying indexes of economic instability and industrial diversification to Idaho's forty-three nonmetropolitan counties, this paper tests the hypothesis that unemployment is more stable in a more diverse economy. While results support the hypothesis, other aspects of a county's economic structure are just as influential. Indiscriminate diversification will not necessarily bring economic stability.

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    File URL: http://purl.umn.edu/32109
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    Bibliographic Info

    Article provided by Western Agricultural Economics Association in its journal Western Journal of Agricultural Economics.

    Volume (Year): 13 (1988)
    Issue (Month): 02 (December)
    Pages:

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    Handle: RePEc:ags:wjagec:32109

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    Web page: http://waeaonline.org/
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    Related research

    Keywords: Community/Rural/Urban Development;

    References

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    1. 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.
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    Cited by:
    1. Gnidchenko, Andrey, 2010. "Defragmentation of Economic Growth with a Focus on Diversification: Evidence from Russian Economy," MPRA Paper 27113, University Library of Munich, Germany.
    2. Lackey, Steven Brent & Wojan, Timothy R., 1999. "Manufacturing Specialization In The Southeast: Rural Necessity, Rural Possibility Or Rural Vestige?," 1999 Annual meeting, August 8-11, Nashville, TN 21605, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Meriem Djennas & Mohamed Benbouziane & Mustapha Djennas, 2012. "Labor Market Structure, Foreign Trade Competitiveness and Economic Growth in Eurozone," Book Chapters, Institute of Economic Sciences.
    4. Jackson, Ashley & Whitacre, Brian E., 2012. "How Specialized is “too” Specialized? Outmigration and Industry Diversification in Nonmetropolitan Counties across America," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 119739, Southern Agricultural Economics Association.

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