Non-Cointegration and Econometric Evaluation of Models of Regional Shift and Share
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This paper tests for cointegration between regional output of an industry and national output of the same industry. An equilibrium economic theory is presented to argue for the plausibility of cointegration, however, regional economic forecasting using the shift and share framework often acts as if
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美国国家经济研究局创建时间:
1990-03-01



