The role of economic diversity in regional stability and growth is examined. Contrary to"
conventional wisdom" the empirical literature has been unable to confirm the link between …

More than 300 rural counties are more prosperous than the nation. Each has lower
unemployment rates, lower poverty rates, lower school dropout rates, and better housing …

Economic diversity has been promoted as a means to achieve the goals of stability and
growth. However, the link between diversity, diversification and economic performance …

We revisit the relationship between economic diversity and unemployment in light of the
economic shock of the Great Recession. Using US county data we test the overall effect of …

Using data for US 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 …

Predictions of the portfolio model of the economy are tested using regional growth data from
Europe. It is shown that more aggregated regions of Europe tend to be more economically …

This paper examines the extent to which sectoral diversification can act as an insurance
mechanism against fluctuations in regional gross value‐added growth rates. Portfolio theory …

Attempts to differentiate regions from one another, whether in social, demographic, or
economic terms, have led to the development of numerous indices to summarize the …

Local governments provide infrastructure improvements, guarantee loans, and offer tax
incentives to lure new businesses and keep old ones. This is usually done with one …

Ireland has been very successful in attracting foreign MNEs in high-technology sectors.
Although these sectors exhibit faster growth than the traditional low-technology sectors …