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

Robert J. Stimson, Roger R. Stough and Brian H. Roberts
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Robert J. Stimson: The University of Queensland
Roger R. Stough: George Mason University
Brian H. Roberts: University of Canberra

Chapter 3 in Regional Economic Development, 2002, pp 75-117 from Springer

Abstract: 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: (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) (b) assess a region’s overall performance relative to that of other region’s (c) assess which industry sectors are performing better in the region (d) assess a given sector’s efficiency relative to other industry sectors’ performance in the region.

Keywords: Data Envelopment Analysis; Total Factor Productivity; Industry Sector; Decision Make Unit; Domestic Demand (search for similar items in EconPapers)
Date: 2002
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DOI: 10.1007/978-3-662-04911-2_3

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