Sensitivity Of Gross State Product To Cyclical And Structural Change
The sensitivity of regional industry to business cycles has been widely documented. Responses of individual businesses and industries in a specific region or state to each phase of the business cycle has been less well analyzed and understood. Lacking in all the documentation, moreover, is reference to the impact of business cycles on interregional trade and regional interindustry structure and to the separation of these impacts from those due to business activity location and dislocation. To deal with these limitations, state-level location quotient and shift-share analyses of year-to-year changes in industry-specific contribution to gross state product are used in differentiating the varying degrees of cyclical sensitivity among industries and regions and then, in later studies, to account for these differences in parallel analyses of the structure of inter-regional trade and interindustry transactions among selected groups of states. A micro-to-macro analytical framework is offered, finally, for testing working hypotheses pertaining to the sensitivity of businesses, industries and regions to the business cycle and to structural dislocation.
|Date of creation:||1988|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (612) 625-1222
Fax: (612) 625-6245
Web page: http://www.apec.umn.edu
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.:
- Jutila, Sakari T., 1973. "Generation of Regional Business Cycles through Interregional Feedback Mechanisms," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 3(1).
- Jutila, Sakari T., 1972. "Dynamics of Regional Economic Development," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 2(1).
- Jutila, Sakari T., 1971. "A Linear Model for Agglomeration, Diffusion, and Growth of Regional Economic Activity," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 1(1).
- Jutila, Sakari T. & Muraco, William A., 1978. "Space-Time Interactions and Interregional Growth Policies," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 8(1).
When requesting a correction, please mention this item's handle: RePEc:ags:umaesp:14218. 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 references are entirely missing, you can add them using this form.