Title: The Behavior of the Employment Multiplier Over Time: An Analysis for Los Angeles County
Abstract: Economic base multiplier analysis has achieved a certain amount of status; it has found its way into most textbooks in the field of urban and regional economic analysis. Nevertheless, it is still a controversial tool. Several articles have appeared questioning the appropriateness of the base multiplier technique. The prime consideration is, of course, whether the estimated relationship between local and export employment involves true functional dependence of local employment upon changes in export employment. This study develops a newly calculated employment multiplier for Los Angeles County in order to make comparisons between it and one calculated by Hildebrand and Mace for the years 1940-47. Comparisons between the two multipliers along with an analysis of employment growth patterns during the intervening years yields reasonable explanations for the observed behavior of the multiplier.
Publication Year: 1976
Publication Date: 1976-01-01
Language: en
Type: article
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