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Economic Development Quarterly
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Regional Variation and Economic Drivers: An Application of the Hill and Brennan Methodology

James R. Held

New York State Department of Economic Development

The methodology developed by Hill and Brennan (2000) to analyze economic drivers in the Cleveland-Akron metropolitan area offers a powerful tool to researchers who seek to develop an objective, data-driven assessment of one or more regions. This article presents results of a replication of the Hill and Brennan methodology for seven Metropolitan Statistical Areas (MSAs) of New York State. Cross-MSA analyses are used to provide technical insights into the methodology that may be less obvious from a single-MSA analysis. These cross-MSA analyses are also used to demonstrate how the results can speak to key regional economic policy issues, including the role and importance of manufacturing, the extent to which a region is "high-tech," and an overall assessment of regional economic specialization and performance.

Key Words: regional economic drivers • industry clusters • quantitative analysis of regional competitiveness

Economic Development Quarterly, Vol. 18, No. 4, 384-405 (2004)
DOI: 10.1177/0891242404268940


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