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Input-Output Based Economic Impact Evaluation System for Small City Development: A Case Study on Saemangeum's Flux City Design

Bo Meng, Okamoto Nobuhiro, Tsukamoto Yoshiharu and Qu Chao

No 184, IDE Discussion Papers from Institute of Developing Economies, Japan External Trade Organization(JETRO)

Abstract: The paper aims to develop a quasi-dynamic interregional input-output model for evaluating the macro-economic impacts of small city development. The features of the model are summarized as follows: (1) the consumption expenditure of households is regarded as an endogenous variable, (2) the technological change is determined by the change of industrial Location Quotient caused by firm's investment activities. (3) a strong feedback function between the city design and the economic analysis is provided. For checking the performance of the model, Saemangeum's Flux City Design Plan is used as the simulation target in our paper.

Keywords: Input-Output; City design; Economic impact (search for similar items in EconPapers)
JEL-codes: C67 R52 R58 (search for similar items in EconPapers)
Date: 2009-02
New Economics Papers: this item is included in nep-ure
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Published in IDE Discussion Paper = IDE Discussion Paper, No. 184. 2009-02

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