Industry Concentration

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August 31, 2024 3 min read Definitions
Location Quotient (LQ): Measures Industry Concentration
Economics Statistics Location Quotient Industry Concentration Regional Economics Economic Geography Statistical Methods
The Location Quotient (LQ) is a statistical measure used to quantify the concentration of a particular industry, occupation, or demographic group in a region compared to a larger reference area, often used in economic geography and regional planning.
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