Regional Development and Plan Evaluation: The Use of Input-Output Analysis

Robert McKusick, Nelson Bills, Richard Clark, Clifford Jones, Robert Niehaus, Charles Palmer, Sterling Stipe, John Wilkins and Linda Zygadlo

No 321952, Economics Statistics and Cooperative Services (ESCS) Reports from United States Department of Agriculture, Economic Research Service

Abstract: The Water Resources Council's Principles for Planning Water and Land Resources and Standards for Planning Water and Land Resources require multiple objective planning and evaluation of natural resource use. Within that framework, a regional development account must be prepared for each alternative plan considered in the plan evaluation process. This report examines the uses and limitations of input-output (I-O) analysis in the formulation of the regional development account. The information needs of planners and economists evaluating plans in terms of regional development are identified and I-O's capability to provide some of these data is examined. An application section demonstrates the correct procedures for using regional input-output techniques in the estimation of secondary market impacts of plans, and identifies the limitations of using multipliers in isolation from the I-O model. The report emphasizes evaluating the feasibility of resource plans for a regional economy, as opposed to project justification.

Keywords: Community/Rural/Urban Development; Research Methods/Statistical Methods; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 134
Date: 1978-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/321952/files/ah530.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uerscs:321952

DOI: 10.22004/ag.econ.321952

Access Statistics for this paper

More papers in Economics Statistics and Cooperative Services (ESCS) Reports from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().