《The Impact of Industrial Diversification on Employment Growth in the 50 US States: 2000-2013》

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作者
来源
ECONOMIC DEVELOPMENT QUARTERLY,Vol.31,Issue4,P.275-284
语言
英文
关键字
employment growth; diversification; regional economic development; LABOR-MARKET FLEXIBILITY; ECONOMIC-DEVELOPMENT; UNITED-STATES; VOLATILITY; DETERMINANTS; UNEMPLOYMENT; DIVERSITY; COUNTRIES; RATES
作者单位
[Pallares, Francisco J.] Austin Community Coll, Econ, Round Rock, TX USA. [Adkisson, Richard V.] New Mexico State Univ, Econ, MSC 3CQ,Box 30001, Las Cruces, NM 88003 USA. [Adkisson, Richard V.] New Mexico State Univ, Econ Dev, MSC 3CQ,Box 30001, Las Cruces, NM 88003 USA. Adkisson, RV (reprint author), New Mexico State Univ, Dept Econ Appl Stat & Int Business, MSC 3CQ,Box 30001, Las Cruces, NM 88003 USA. E-Mail: radkisso@nmsu.edu
摘要
Economic developers express concern for both employment growth and employment stability. This study asks whether there is a trade-off between the quantity and reliability of jobs. Does industrial diversification, presumed to lead to more reliable jobs, have an impact (perhaps negative) on overall job growth? Using data from the 50 U.S. states from 2000 to 2013, this study explores the relationships between employment growth and industrial diversification measured in four ways. The results are mixed, suggesting that overreliance on employment in stable industries might retard employment growth but that overreliance on employment in volatile industries does not have a clear positive or negative impact on employment growth.