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Abstract
The Bishop-Simpson model, a variant _of the traditional
shift-share approach, is utilized for investigation of the development
of the southern New Hampshire regional economy over
time. Emphasis is placed on the strengths of the new technique
in counteracting some of the limitations of traditional shift-share
analyses. The B and S technique gives a clearer picture than the
traditional shift-share approach of the relative advantages an
disadvantages for region in terms of its specialization m slow or
fast growing industries.