Shift-share Analysis
Shift-share analysis is one way to account for the competitiveness of a region's industries and to analyze the local economic base. This analysis is primarily used to decompose employment changes within an economy over a specific period of time into mutually exclusive factors. It paints a picture of how well the region's current industries are performing by systematically examining the national, local, and industrial components of employment change.. If no such boundaries currently exist, they can be derived by considering the following, beginning with the highest priority consideration:
Description of Shift-share Analysis
Analysis based on FIPS codes
