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Diversity And Regional Economic Growth: Evidence From Us Counties

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  • VALERIEN O. PEDE

    (International Rice Research Institute (IRRI), Philippines)

Abstract

This study examines the relationship between economic growth and diversity for US counties over the period 1990-2007. The existing literature provides conflicting conclusions on the relationship between diversity and growth, based on theoretical arguments as well as empirical analysis. A conditional growth model is estimated through spatial econometric techniques which account for the role of location and spatial dependence in the regional economic growth process. The results suggest economic diversity has a positive impact on economic growth.

Suggested Citation

  • 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.
    • Handle: RePEc:jed:journl:v:38:y:2013:i:3:p:111-127
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    4. Lathania Brown & Robert T Greenbaum, 2017. "The role of industrial diversity in economic resilience: An empirical examination across 35 years," Urban Studies, Urban Studies Journal Limited, vol. 54(6), pages 1347-1366, May.
    5. O'Connor, Sean & Doyle, Eleanor & Doran, Justin, 2018. "Diversity, employment growth and spatial spillovers amongst Irish regions," Regional Science and Urban Economics, Elsevier, vol. 68(C), pages 260-267.
    6. Goschin Zizi, 2019. "Specialisation Vs Diversification. Which One Better Upholds Regional Resilience to Economic Crises?," Journal of Social and Economic Statistics, Sciendo, vol. 8(2), pages 11-23, December.
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    8. Apergis, Nicholas & Polemis, Michael, 2018. "Electricity supply shocks and economic growth across the US states: evidence from a time-varying Bayesian panel VAR model, aggregate and disaggregate energy sources," MPRA Paper 84954, University Library of Munich, Germany.
    9. Marina Malkina, 2017. "Influence of the Industrial Structure of Economy on the Risk Level of Russian Regions' Tax Systems," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 65(6), pages 2025-2035.
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    12. Venera Timiryanova & Dina Krasnoselskaya & Natalia Kuzminykh, 2022. "Applying the Multilevel Approach in Estimation of Income Population Differences," Stats, MDPI, vol. 6(1), pages 1-32, December.

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    More about this item

    Keywords

    Diversity; Economic Growth;

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • N32 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - U.S.; Canada: 1913-

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