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Economic restructuring in western New York State

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Author Info
Richard Deitz
Ramon Garcia

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Abstract

We explore the distinctive patterns of Buffalo and Rochester's economic restructuring in detail. We compare the board structural changes in Buffalo's economy with those in Rochester's, and the changes in both metropolitan economies with those in the national economy. We also seek to understand the roots of these changes through an analysis of industry-level data. We find that although Buffalo and Rochester remain highly dependent on goods production and distribution, both cities have followed the national trend away from goods producing industries and toward service industries.

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File URL: http://www.newyorkfed.org/research/regional_economy/Fall2001.pdf
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Publisher Info
Article provided by Federal Reserve Bank of New York in its journal The Regional Economy of Upstate New York.

Volume (Year): (2001)
Issue (Month): Fall ()
Pages:
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Handle: RePEc:fip:fednre:y:2001:i:fall

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Related research
Keywords: Economic conditions - New York (State) ; Economic conditions - Buffalo (N.Y.) ; Economic conditions - Rochester (N.Y.) ; Economic development - New York (State) ; Federal Reserve District; 2nd;

References listed on IDEAS
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  1. Matthew P. Drennan, 1997. "Performance of metropolitan area industries," Economic Policy Review, Federal Reserve Bank of New York, issue Feb, pages 49-60. [Downloadable!]
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Cited by:
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  1. James Orr & Rae Rosen, 2004. "New York and New Jersey poised for modest job growth in 2005," Current Issues in Economics and Finance, Federal Reserve Bank of New York, issue Dec. [Downloadable!]
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This page was last updated on 2009-12-6.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.