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Regional Economics Commons

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Labor Economics

Theses/Dissertations

Boise State University Theses and Dissertations

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Full-Text Articles in Regional Economics

Resilience And The U.S. Labor Market: A Cross-Scale Analysis On The Role Of Industrial Diversity And Specialization, Christian D. Sprague Aug 2018

Resilience And The U.S. Labor Market: A Cross-Scale Analysis On The Role Of Industrial Diversity And Specialization, Christian D. Sprague

Boise State University Theses and Dissertations

This thesis examines how the effects of industrial diversity and specialization vary across geographical scales and classification levels. The notion of a robust institutional design, in conjunction with a regional resilience framework, is used to model how diversity and modularity affect unemployment through-out economic cycles. We use fixed effects models on employment data from the Bureau of Labor Statistics and Census Bureau in all available U.S. counties from 1998-2015. Key results suggest the optimal structure of industrial composition varies across scale, namely, that fine levels of industrial diversity are beneficial at higher levels of geographical scale (regions), whereas a broad …