Shannon Measure of Industrial Specialization At the State Level

Document Type

Article

Publication Date

1-1-2010

School

Interdisciplinary Studies and Professional Development

Abstract

The focus of this research is to use the Shannon (Theil) index and the coefficient of variation in addressing the question of employment diversity at the state level for 2002. The Shannon index was used to place the states into a hierarchy of specialization from the most specialized to the least specialized. The District of Columbia was most specialized while Kentucky was the least specialized state. The coefficient of variation was also used to compare every state with every other state. Again, the District of Columbia was most specialized while Wisconsin was the most diversified state.

Publication Title

Journal of the Southwestern Society of Economists

Volume

37

First Page

29

Last Page

46

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