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Sources of Cyclical Employment Instability in Rural Counties

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  • Deborah J. Brown
  • James Pheasant

Abstract

Cyclical employment instability at the county level is examined using monthly Indiana employment data for 1970–80 and a single-index portfolio model. Results show rural counties are more responsive to systematic or cyclical employment instability than urban counties. At the state level, a high percentage employed in manufacturing has been associated with greater employment instability over the business cycle. This relationship does not hold at the county level where most manufacturing sectors seem to cyclically stabilize the counties in which they appear.

Suggested Citation

  • Deborah J. Brown & James Pheasant, 1987. "Sources of Cyclical Employment Instability in Rural Counties," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(4), pages 819-827.
    • Handle: RePEc:oup:ajagec:v:69:y:1987:i:4:p:819-827.
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    File URL: http://hdl.handle.net/10.2307/1242193
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    Cited by:

    1. Wojan, Timothy R. & Lackey, Steven Brent, 2000. "Manufacturing Specialization in the Southeast: Rural Necessity, Rural Possibility, or Rural Vestige?," The Review of Regional Studies, Southern Regional Science Association, vol. 30(2), pages 167-187, Fall.
    2. Gunter, Lewell F. & Wise, James O., 1993. "The Impact Of Sales Changes On Agribusiness Payrolls," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 25(1), pages 1-9, July.

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