Keywords
wage clusters
regional economies
location quotient
How to Cite
Abstract
This paper proposes a method to identify employment and wage clusters for various sectors of a region‘s economy. The Location Quotient, the National Averages Index, and a local employment or wage index were estimated and used to identify industrial clusters and classify their development stage according to three categories: emerging, maturing and declining. An application of this methodology considering the Puerto Rican economy during the period 1980-2000 has allowed for documentation of regional shifts as a transition from manufacturing to service (postindustrial) industries was observed.By submitting a contribution to consideration of the Editorial Board of Fórum Empresarial, the authors attest that it is an original, unpublished work, which has not been nor will be simultaneously submitted to another journal for consideration and publication; that they are responsible for the work carried out and the content of the article; and they have the corresponding copyrights.
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