Traditional Tools for Measuring and Evaluating Regional Economic Performance I: Economic Base and Shift-Share Analysis

  • Robert J. Stimson
  • Roger R. Stough
  • Brian H. Roberts
Part of the Advances in Spatial Science book series (ADVSPATIAL)

Abstract

Regional economic development policy is basically about the allocation or reallocation of resources to enhance the economic performance of industries. We need to be able to measure and evaluate that performance. Thus it is necessary to:
  1. (a)

    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)

     
  2. (b)

    assess a region’s overall performance relative to that of other region’s

     
  3. (c)

    assess which industry sectors are performing better in the region

     
  4. (d)

    assess a given sector’s efficiency relative to other industry sectors’ performance in the region.

     

Keywords

Migration Petroleum Transportation Rubber Income 

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Copyright information

© Springer-Verlag Berlin Heidelberg 2002

Authors and Affiliations

  • Robert J. Stimson
    • 1
  • Roger R. Stough
    • 2
  • Brian H. Roberts
    • 3
  1. 1.Centre for Research into Sustainable Urban and Regional Futures, School of Geography, Planning and ArchitectureThe University of QueenslandSt. LuciaAustralia
  2. 2.School of Public PolicyGeorge Mason UniversityFairfaxUSA
  3. 3.Center for Developing CitiesUniversity of CanberraCanberraAustralia

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