Designing Economic Cluster Development Strategies with GIS
Track: Economic Development
Authors: Johannes Moenius, Serene Ong
Regional economics has identified the composition of industries and its contribution to growth as a driver of regional development. We characterize the current composition of business activities in the Coachella Valley and find economic regions with similar compositions of business activities within the United States within the last 24 years. We compare the structural changes in those regions with the structural changes in the Coachella Valley region to detect successful paths of development.