Search Results

SORT BY: PREVIOUS / NEXT
Keywords:Location Quotient 

Working Paper
The Pitfalls of Using Location Quotients to Identify Clusters and Represent Industry Specialization in Small Regions

This paper examines the use of location quotients, a measure of regional business activity relative to the national benchmark, as an indicator of sectoral agglomeration in small cities and towns, and as a measure of industry specialization that might impact the number of new business startups in these places. Using establishment-level data on businesses located in Maine, our findings suggest that the addition of one "hypothetical" establishment in very small towns leads to a dramatic change in the magnitude of the region-industry location quotient. At population sizes of about 4,100 or more ...
International Finance Discussion Papers , Paper 1329

Discussion Paper
Is Wall Street the Only Street in New York City?

Has Wall Street—the term for the securities industry that symbolizes New York City’s role as a global financial center—become less of a specialty for the city? In this post, we show that while the securities industry continues to play an outsized role in the New York City economy, the city’s job base has become somewhat more diversified since 1990. Diversification can be beneficial, as it makes a local economy less vulnerable to adverse shocks to its key industry. A recent example appears in a post by Bram and Orr showing that with Wall Street in a bit of a slump, nonfinancial ...
Liberty Street Economics , Paper 20120606

FILTER BY year

FILTER BY Content Type

FILTER BY Author

Bram, Jason 1 items

Crawley, Andrew 1 items

Gabe, Todd M. 1 items

Hastings, Jonathan 1 items

Orr, James A. 1 items

Pominova, Mariya 1 items

show more (1)

FILTER BY Jel Classification

R1 1 items

R10 1 items

R11 1 items

R12 1 items

FILTER BY Keywords

PREVIOUS / NEXT