Political Calculations criticizes me for comparing Wisconsin economic performance against Minnesota, but not other neighbors.
Normally, we’re entertained by Chinn’s analysis, since it frequently involves comparisons of the job growth between Wisconsin and its western neighbor Minnesota since Walker was sworn into office in January 2011, which we find funny because of all the states surrounding Wisconsin, the composition of Wisconsin’s economy is much less similar to Minnesota than it is to any of the states with which the state shares waterfront footage on Lake Michigan, which is something that one might think an economics professor at the University of Wisconsin-Madison would know.
[Update, 3/1] I have calculated a similarity index for MN, IL, MI vs. WI, based on output composition. It’s an unweighted measure of absolute sector differences, (Σ|xWI-xi|)/n . The indices are 0.010, 0.013, 0.007, for MN, IL, MI, respectively. In other words, MI is the most similar to WI, MN next. And, interestingly, MI far outpaces WI, in Figure 1 below.
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