AN APPLICATION OF THE BISHOP-SIMPSON METHOD: A SHIFT-SHARE VARIANT

The Bishop-Simpson model, a variant _of the traditional shift-share approach, is utilized for investigation of the development of the southern New Hampshire regional economy over time. Emphasis is placed on the strengths of the new technique in counteracting some of the limitations of traditional shift-share analyses. The B and S technique gives a clearer picture than the traditional shift-share approach of the relative advantages an disadvantages for region in terms of its specialization m slow or fast growing industries.