INDUSTRIAL DIVERSIFICATION IN NONMETROPOLITAN COUNTIES AND ITS EFFECT ON ECONOMIC STABILITY
Stephen M. Smith and
Cosette M. Gibson
Western Journal of Agricultural Economics, 1988, vol. 13, issue 2, 9
Abstract:
Applying indexes of economic instability and industrial diversification to Idaho's forty-three nonmetropolitan counties, this paper tests the hypothesis that unemployment is more stable in a more diverse economy. While results support the hypothesis, other aspects of a county's economic structure are just as influential. Indiscriminate diversification will not necessarily bring economic stability.
Keywords: Community/Rural/Urban; Development (search for similar items in EconPapers)
Date: 1988
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Citations: View citations in EconPapers (19)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32109
DOI: 10.22004/ag.econ.32109
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