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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Economic Analysis Of Effects Of Business Cycles On The Economy Of Cities: Geographical Differences In Plant Closings And Temporary Layoffs

Economic Analysis Of Effects Of Business Cycles On The Economy Of Cities: Geographical Differences In Plant Closings And Temporary Layoffs

U. S. Dept of Housing and Urban Developme
Howland, Marie

Paperback

General Political Science

Publisher Price: $15.75

ISBN10: 1288928998
ISBN13: 9781288928996
Publisher: Bibliogov
Published: Mar 15 2013
Pages: 28
Weight: 0.15
Height: 0.06 Width: 7.44 Depth: 9.69
Language: English
region or city's industry composition is an important determinant of the amplitude and timing of its local business cycles. Local economies comprised of cyclically sensitive industries should experience recessions that are severe relative to the nation, whereas local economies made up of cyclically stable activities should exhibit mild cycles relative to the nation.

The effects of industry mix on local cycles are clearly stated by Walter Isard (1957):

Differences in the intensity and timings of regional cycles are explained in terms of differences in the sensitivity and responsiveness of particular industries. Cycles of a regional economy are simple composites of the cyclical movement of the economy's industries appropriately weighted.

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