The Concept of the Economic Base

3/10/2000


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Table of Contents

The Concept of the Economic Base

Basic Sector as the Engine of an Economy

Separating the basic from non-basic sectors

Approaches to identifying Basic from Non-basic sectors

The Minimum Requirements Approach

Using the Assumptions Approach

The Minimum Requirements Approach

Using Minimum Requirements Approach

The Location Quotient Approach

Interpreting Location Quotients

Shiftshare Analysis

Components of Shiftshare Analysis

Putting the Components of Shiftshare together

Undertaking Local Economic Development

Author: Subhro Guihathakurta

Email: subhro.guha@asu.edu

Home Page: http:\\public.asu.edu\~subhro

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