Electronic Resource
Oxford, UK
:
Blackwell Publishing Ltd
Journal of regional science
34 (1994), S. 0
ISSN:
1467-9787
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Geography
,
Economics
Notes:
. We develop an alternative specification of the regional portfolio diversification problem that explicitly incorporates important information on regional economic structure and avoids certain inconsistencies in the traditional specification with respect to what constitutes the choice set. We also implement improved econometric procedures for estimating the required parameters and provide an empirical example using 1987 data for the Colorado economy to illustrate the potential differences in sectoral allocations obtained when applying our alternative approach versus the traditional one.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/j.1467-9787.1994.tb00864.x
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