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Industrial Diversification in American Cities

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  • Glenn E. McLaughlin

Abstract

I. Advantages and disadvantages of industrial concentration. — Possible relation to the business cycle, 131. — II. The criterion of concentration and diversification here used: value added by manufacture, 134. — Results for sixteen cities in 1919, 135. — In later years, 138. — III. Relation between industries of producers' goods and of consumers' goods, 146. — Some significant results as to concentration and business fluctuations, 148.

Suggested Citation

  • Glenn E. McLaughlin, 1930. "Industrial Diversification in American Cities," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 45(1), pages 131-149.
    • Handle: RePEc:oup:qjecon:v:45:y:1930:i:1:p:131-149.
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    Cited by:

    1. J. C. Dissart, 2003. "Regional Economic Diversity and Regional Economic Stability: Research Results and Agenda," International Regional Science Review, , vol. 26(4), pages 423-446, October.
    2. Jan Kluge, 2018. "Sectoral diversification as insurance against economic instability," Journal of Regional Science, Wiley Blackwell, vol. 58(1), pages 204-223, January.
    3. Magnusson, Kristin, 2009. "The Impact of U.S. Regional Business Cycles on Remittances to Latin America," SSE/EFI Working Paper Series in Economics and Finance 710, Stockholm School of Economics.
    4. John R. Kort, 1995. "Southern Regional Economics In The 1990's: Back To Basics? (Presidential Address, April 9, 1994)," The Review of Regional Studies, Southern Regional Science Association, vol. 25(1), pages 1-11, Summer.
    5. Meriem Djennas & Mohamed Benbouziane & Mustapha Djennas, 2012. "Labor Market Structure, Foreign Trade Competitiveness and Economic Growth in Eurozone," Book Chapters, in: João Sousa Andrade & Marta C. N. Simões & Ivan Stosic & Dejan Eric & Hasan Hanic (ed.), Managing Structural Changes - Trends and Requirements, edition 1, volume 1, chapter 26, pages 471-487, Institute of Economic Sciences.
    6. Wenli Yan & Douglas A. Carr, 2013. "Federal Environmental Regulation Impacts on Local Economic Growth and Stability," Economic Development Quarterly, , vol. 27(3), pages 179-192, August.
    7. Aysun, Uluc, 2014. "Bankruptcy resolution capacity and economic fluctuations," Journal of Macroeconomics, Elsevier, vol. 40(C), pages 387-399.
    8. Bruce D. Wundt, 1992. "Reevaluating Alternative Measures Of Industrial Diversity As Indicators Of Regional Cyclical Variations," The Review of Regional Studies, Southern Regional Science Association, vol. 22(1), pages 59-73, Summer.
    9. Carlino, Gerald A. & DeFina, Robert H., 2004. "How strong is co-movement in employment over the business cycle? Evidence from state/sector data," Journal of Urban Economics, Elsevier, vol. 55(2), pages 298-315, March.
    10. A.J. Jacobs, 2009. "The Impacts of Variations in Development Context on Employment Growth: A Comparison of Central Cities in Michigan and Ontario, 1980-2006," Economic Development Quarterly, , vol. 23(4), pages 351-371, November.
    11. Watson, Philip & Deller, Steven, 2017. "Economic diversity, unemployment and the Great Recession," The Quarterly Review of Economics and Finance, Elsevier, vol. 64(C), pages 1-11.
    12. Alley, Ibrahim, 2018. "Oil price and USD-Naira exchange rate crash: Can economic diversification save the Naira?," Energy Policy, Elsevier, vol. 118(C), pages 245-256.
    13. Chris Gratton, 1979. "Industrial Diversification in New Towns," Urban Studies, Urban Studies Journal Limited, vol. 16(2), pages 157-164, June.
    14. Uluc Aysun & Raman Khaddaria, 2012. "Bankruptcy resolution capacity and regional economic fluctuations," Working Papers 2012-01, University of Central Florida, Department of Economics.
    15. John H. Giordanengo, 2023. "The Foundational Components of Self-Regulating (Sustainable) Economies and Ecosystems: Implications for Green Infrastructure and Economic Restoration," Land, MDPI, vol. 12(11), pages 1-27, November.
    16. Gerald A. Carlino & Keith Sill, 1998. "The cyclical behavior of regional per capita incomes in the postwar period," Working Papers 98-11, Federal Reserve Bank of Philadelphia.
    17. Saheum Hong & Yu Xiao, 2016. "The Influence of Multiple Specializations on Economic Performance in U.S. Metropolitan Areas," Sustainability, MDPI, vol. 8(9), pages 1-16, September.
    18. Sunday B. Akpan & Samuel J. Udoka & Inimfon V. Patrick, 2015. "Roles of Macroeconomic Variables on Agricultural Diversification in Nigeria," American Journal of Economics and Business Administration, Science Publications, vol. 7(2), pages 77-93, July.
    19. Gerald A. Carlino & Keith Sill, 1997. "Regional economies: separating trends from cycles," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 19-31.
    20. Demidova, Olga & Kolyagina, Alena & Pastore, Francesco, 2020. "Marshallian vs Jacobs effects: Which is stronger? Evidence for Russia unemployment dynamics," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 244-258.

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