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A Dynamic Shift Share Analysis of Economic Growth in West Virginia Janaranjana Heath, Tesla G. Gebremedhin and Blessing M. Maumbe1 RESEARCH PAPER 201012 Abstract A regional economy consists of industries
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A dynamic shift share is a statistical analysis tool that helps to understand the changes in employment patterns within an industry over time by comparing it to the overall employment trends in the economy.
There is no specific requirement to file a dynamic shift share. It is typically used by researchers, economists, or policymakers to analyze employment shifts within industries.
Filling out a dynamic shift share involves collecting employment data for specific industries and time periods, calculating the shift share components, and interpreting the results. Specialized software or statistical tools are often used to perform the analysis.
The purpose of a dynamic shift share is to identify and analyze the factors that contribute to changes in employment within specific industries. It helps to understand whether these changes are due to factors within the industry itself or external economic conditions.
To conduct a dynamic shift share analysis, information such as employment data for specific industries, time periods, and the overall employment trends in the economy is required. Additionally, other factors like population growth, technological advancements, or policy changes might also be considered.
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