Regional Economic Diversity: Action, Concept, or State of Confusion
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 regionâ€™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 regionâ€™s economy, given the goals of growth and stability.
Volume (Year): 30 (2000)
Issue (Month): 2 ()
|Contact details of provider:|| Web page: http://jrap-journal.org/index.htm|
More information through EDIRC
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.:
- 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.
- 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).
- Michael J. Wasylenko & Rodney A. Erickson, 1978. ""On Measuring Economic Diversification": Comment," Land Economics, University of Wisconsin Press, vol. 54(1), pages 106-109.
- 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.
- 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.
- Peter Nijkamp & Jacques Poot, 1998. "original: Spatial perspectives on new theories of economic growth," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 32(1), pages 7-37.
- 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.
- 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.
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.