Estimating regional input coefficients and multipliers: The Use of the FLQ is not a Gamble

Anthony T. Flegg () and Timo Tohmo
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Anthony T. Flegg: University of the West of England, Bristol
Timo Tohmo: University of Jyväskylä, Finland

Working Papers from Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol

Abstract: This paper re-examines the Finnish evidence presented by Lehtonen and Tykkyläinen on the use of location quotients (LQs) in estimating regional input coefficients and multipliers. They argue that the choice of an LQ-based method is a gamble and that there is no single method that can be recommended for general use. It is contended here that this evidence is erroneous and that the FLQ yields results far superior to those from competing formulae, so it should provide a satisfactory way of generating an initial set of input coefficients. The choice of a value for the parameter & is also examined.

Keywords: Regional input-output tables; Finland; FLQ formula; Location quotients; Multipliers (search for similar items in EconPapers)
JEL-codes: C67 O18 R15 (search for similar items in EconPapers)
Date: 2013-01-02
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Citations: View citations in EconPapers (3)

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