Measurement of Specialization – The Choice of Indices
Nicole Palan (born Höhenberger)
No 62, FIW Working Paper series from FIW
Abstract:
This paper compares nine common specialization indices, discussing their properties, strengths and weaknesses. In order to unravel the differences between the indices they are applied to European employment structures in 2005, spanning 51 industries and 24 European countries. The resulting heterogeneity levels differ largely between relative and absolute specialization measures, but also within these two groups of indices. As results are highly dependent on which measure is employed, it is important to be aware of carefully choosing appropriate indices in empirical studies in order to attain appropriate conclusions and conduct sound economic policy.
Keywords: specialization indices; industry structure; comparison of indices (search for similar items in EconPapers)
JEL-codes: B41 C82 O47 (search for similar items in EconPapers)
Pages: 38
Date: 2010-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (38)
Downloads: (external link)
http://www.fiw.ac.at/fileadmin/Documents/Publikati ... aper/N_062-Palan.pdf full text (application/pdf)
none
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:wsr:wpaper:y:2010:i:062
Ordering information: This working paper can be ordered from
FIW Project Office Austrian Institute of Economic Research Arsenal Objekt 20 A-1030 Vienna
Access Statistics for this paper
More papers in FIW Working Paper series from FIW
Bibliographic data for series maintained by ().