Traditional Tools for Measuring and Evaluating Regional Economic Performance I: Economic Base and Shift-Share Analysis
measure the degree to which economic activity and employment in a region is related to serving local demand as against serving demand external to the region (i.e. exports)
assess a region’s overall performance relative to that of other region’s
assess which industry sectors are performing better in the region
assess a given sector’s efficiency relative to other industry sectors’ performance in the region.
KeywordsMigration Petroleum Transportation Rubber Income
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