A Survey Of Target Industries

Daniel K. Lee
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Daniel K. Lee: Mississippi State

The Review of Regional Studies, 1992, vol. 22, issue 1, 43-57

Abstract: This paper surveys the literature in the area of target industries identification. It also surveys two important methods-screening approach and simultaneous approach-of target industries analysis, concentrating on five major articles along with other studies, in terms of methodologies, applied regions, and data requirements. Empirical applications to the Pascagoula-Moss Point Metropolitan Statistical Area highlight the differences in the two approaches. Empirical results, as well as theoretical aspects, recommend the simultaneous over the screening method. Furthermore, this paper examines the recent development in target industries research and clarifies the basic issues and future research needs. Issues discussed are (1) weighting method, (2) dynamic analysis, and (3) model validation.

Date: 1992
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