Document Type
Presentation
Publication Date
3-13-1985
Subjects
Economics, System theory
Abstract
It has often been suggested that regions with more diverse economies are likely to be more stable and/or experience more rapid rates of growth. The purpose of this study is to assess the validity of such assertions using Shannon's entropy measure as an index of (economic) diversity. The strength of the relationships between entropy-based employment diversity and levels, growth rates, and stability of employment and income have been tested with data from the counties of Oregon for the ten-year period, 1972-1981.
Keywords: economic diversity, growth rate, Shannon, entropy, stability of employment and income, Oregon counties
Rights
© The Authors
This is the submitted and accepted camera-ready copy.
Presented at the Western Regional Conference of the American Institute for Decision Sciences, Monterey, California, March 13-16, 1985, 243-246.
Persistent Identifier
https://archives.pdx.edu/ds/psu/42818
Citation Details
Attaran, Mohsen and Zwick, Martin (1985) “Diversity, Growth, and Cyclical Instability: An Information-Theoretic Approach.” Proceedings of the American Institute for Decision Sciences, Fourteenth Annual Meeting, Western Regional Conference, Monterey, Western Periodicals, North Hollywood, California, 243-246.