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DID REGIONAL ECONOMIC DIVERSITY INFLUENCE THE EFFECTS OF THE GREAT RECESSION?

Using data for U.S. counties from 2005 to 2012, we test whether higher levels of economic diversity mediated the effects of the Great Recession via four measures of stability. Spatial spillover effects are modeled by the use of the spatial Durbin estimator with heteroscedastic errors. The data gener...

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Published in:Economic Inquiry Vol. 54; no. 4; pp. 1824 - 1839
Main Authors: Deller, Steven, Watson, Philip
Format: Article
Published: Wiley-Blackwell Oct2016
Subjects:
United States
Employment
Unemployment
Economic recovery
Great Recession, 2008-2013
Twenty-first century
United States economy
Online Access:View this record in EBSCOhost

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