Abstract

ABSTRACTThis paper expands the shift‐share technique by developing a methodology for selecting and including both primary‐ and secondary‐base economies in the shift‐share model. This is useful when the shift‐share technique is applied to subregional economies, whose economic growth is typically tied to the economies of both the state and the nation. The expanded methodology is illustrated with data from the Lowell, Massachusetts, Primary Metropolitan Statistical Area (PMSA).

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