Spatial variations in the relationship between economic diversity and stability

Steven Deller () and Philip Watson

Applied Economics Letters, 2016, vol. 23, issue 7, 520-525

Abstract: Using US county-level data, we explore how economic diversity influenced economic stability over the period of the Great Recession. We find that higher diversity is associated with greater stability, but there are distinct spatial patterns and the relationship does not hold for much of the central part of the US.

Date: 2016
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DOI: 10.1080/13504851.2015.1085630

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