Analysis on industry cluster for regional development in a haor region of Bangladesh: A location quotient analysis

Abstract

Regional development is a complex and dynamic process since each region has its unique characteristics of economic and social structure. The aim of the current study is to identify the leading commodity as well as base and non-base economic sub-sectors in the mostly poor haor region of Bangladesh by introducing location quotient (LQ) analytical technique based on the regional and national level employment data. The analytical results clarified that the agriculture, forestry, and fishing are the leading sub-sectors of the local economy for the regional economic growth. Policy implications are provided based on the analytical results.