The Variation of Estimated Impacts from Five Regional Input-Output Models
Sharon M. Brucker,
Steven E. Hastings and
William Latham
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Sharon M. Brucker: Department of Food and Resource Economics, University of Delaware, Newark, Delaware 19717-1303 USA
Steven E. Hastings: Department of Food and Resource Economics, University of Delaware, Newark, Delaware 19717-1303 USA
International Regional Science Review, 1990, vol. 13, issue 1-2, 119-139
Abstract:
Since construction of a regional input-output model for impact analysis is very time-consuming, a market for ready-made regionally customized model systems has developed. This article compares five such systems. It is based on a survey of five modelers who estimated impacts of seven hypothetical regional development scenarios. The article presents the estimates generated; then compares them, focusing on the degree of variation among the estimates and also comparing them to a survey model's results. Although estimated impacts were relatively similar for regionwide output and income impacts, there was great dissimilarity among employment impact estimates.
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:sae:inrsre:v:13:y:1990:i:1-2:p:119-139
DOI: 10.1177/016001769001300109
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