Document Type
Working Paper
Publication Date
1999
College/Unit
Regional Research Institute
Department/Program/Center
Regional Research Institute
Abstract
The relationships between intersectoral export and local employment and regional economic growth are analyzed in a long-run equilibrium framework. Dynamic location quotients decompose regional employment into export and local components for multiple sectors. Johansen’s Full-Information Maximum Likelihood (FIML) approach is used to identify the existence and resultant rank of the co-integrating relationship between sectoral export and local employment in West Virginia’s four metropolitan areas. Empirical results indicate inter-sectoral basic and non-basic employment form a co-integrating system of equations. Furthermore, this analysis shows that inter-sector shocks to local and export employment may cause multipliers to be positive or negative in magnitude.
Digital Commons Citation
Lego, Brian; Gebremedhin, Tesfa; and Cushing, Brian, "A Multi-Sector Export Base Model of Long-Run Regional Economic Growth" (1999). Regional Research Institute Working Papers. 176.
https://researchrepository.wvu.edu/rri_pubs/176