Data Portal @ linkeddatafragments.org

Matches in DBpedia 2014 for { <http://dbpedia.org/resource/Economic_base_analysis> ?p ?o. }

• Economic_base_analysis abstract "Economic base analysis was developed by Robert Murray Haig in his work on the Regional Plan of New York in 1928. Briefly, it posits that activities in an area divide into two categories: basic and non-basic. Basic industries are those exporting from the region and bringing wealth from outside, while non-basic (or service) industries support basic industries. Because of data problems, it is not practical to study industry output and trade flows to and from a region. As an alternative, the concepts of basic and non-basic are operationalized using employment data.The basic industries of a region are identified by comparing employment in the region to national norms. If the national norm for employment in, for example, Egyptian woodwind manufacturing is 5 percent and the region's employment is 8 percent, then 3 percent of the region's woodwind employment is basic. Once basic employment is identified, the outlook for basic employment is investigated sector by sector and projections made sector by sector. In turn, this permits the projection of total employment in the region. Typically the basic/non-basic employment ratio is about 1:1. Extending by manipulation of data and comparisons, conjectures may be made about population and income. This is a rough, serviceable procedure, and it remains in use today. It has the advantage of being readily operationalized, fiddled with, and understandable.The formula for computing location quotients can be written as:Where:Local employment in industry iTotal local employmentReference area employment in industry iTotal reference area employmentIt is assumed that the base year is identical in all of the above variables.The figure showing location quotients uses data from Compare Minnesota: Profiles of Minnesota’s Economy and Population, 2002–2003. It uses the term location quotient, a number derived by comparing the percentage of employment in a place (Minnesota) with the percentage of employment nationwide. Minnesota has about the same percentage of high-technology employment as does the nation. It has more medical devices employment than the national average (due to companies such as Medtronic).Economic base ideas are easy to understand, as are measures made of employment. For instance, it is well known that the economy of Seattle, Washington is tied to aircraft manufacturing, that of Detroit, Michigan, to automobiles, and that of Silicon Valley to high-tech manufacturing. When newspapers discuss the closing of military bases, they may say something like: "5,000 jobs at the base will be lost. That's going to hit the economy hard because it means a loss of 10,000 jobs in the community."To forecast, the main procedure is to compare the region with the nation and national trends. If the economic base of a region is in industries that are declining nationwide, then the region faces a problem. If its economic base is concentrated in sectors that are growing, then it is in good shape.Methodologically, economic base analysis views the region as if it were a small nation and uses notions of relative and comparative advantage from international trade theory (Charles Tiebout 1963). In a sense, the activity is macroeconomics "written small", and it has not been of much interest to urban economists in recent years because it does not get at within-city relationships. The analysis usually takes US growth patterns as a given. The fates of regions are determined by trends in the national economy.".
• Economic_base_analysis wikiPageExternalLink 259.
• Economic_base_analysis wikiPageID "1033912".
• Economic_base_analysis wikiPageRevisionID "561536698".
• Economic_base_analysis hasPhotoCollection Economic_base_analysis.
• Economic_base_analysis subject Category:Economics_models.
• Economic_base_analysis subject Category:Regional_economics.
• Economic_base_analysis type Assistant109815790.
• Economic_base_analysis type CausalAgent100007347.
• Economic_base_analysis type EconomicsModels.
• Economic_base_analysis type LivingThing100004258.
• Economic_base_analysis type Model110324560.
• Economic_base_analysis type Object100002684.
• Economic_base_analysis type Organism100004475.
• Economic_base_analysis type Person100007846.
• Economic_base_analysis type PhysicalEntity100001930.
• Economic_base_analysis type Whole100003553.
• Economic_base_analysis type Worker109632518.
• Economic_base_analysis type YagoLegalActor.
• Economic_base_analysis type YagoLegalActorGeo.
• Economic_base_analysis comment "Economic base analysis was developed by Robert Murray Haig in his work on the Regional Plan of New York in 1928. Briefly, it posits that activities in an area divide into two categories: basic and non-basic. Basic industries are those exporting from the region and bringing wealth from outside, while non-basic (or service) industries support basic industries. Because of data problems, it is not practical to study industry output and trade flows to and from a region.".
• Economic_base_analysis label "Economic base analysis".
• Economic_base_analysis label "Exportbasistheorie".
• Economic_base_analysis label "Théorie de la base économique".
• Economic_base_analysis label "區位商數".
• Economic_base_analysis sameAs Exportbasistheorie.
• Economic_base_analysis sameAs Théorie_de_la_base_économique.
• Economic_base_analysis sameAs m.0403s2.
• Economic_base_analysis sameAs Q753582.
• Economic_base_analysis sameAs Q753582.
• Economic_base_analysis sameAs Economic_base_analysis.
• Economic_base_analysis wasDerivedFrom Economic_base_analysis?oldid=561536698.
• Economic_base_analysis isPrimaryTopicOf Economic_base_analysis.