A new approach to estimating interregional output multipliers using input-output data for South Korean regions

Malte Jahn (), Anthony Flegg () and Timo Tohmo ()
Additional contact information
Malte Jahn: Hamburg Institute of International Economics
Anthony Flegg: University of the West of England, Bristol
Timo Tohmo: University of the West of England, Bristol

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

Abstract: Flegg’s location quotient (FLQ) is a useful tool in estimating intraregional output multipliers. Here we use it as one component in estimating interregional multipliers. Using statistical information criteria, we demonstrate that, for South Korea, the best approach is to combine the FLQ with a simple trade model. Since the interregional trade flows do not seem to depend much on distances or adjacency, a gravity model is not required. We also find that the industry-specific FLQ (SFLQ) yields the best results when regions are analysed separately, whereas the FLQ outperforms the SFLQ once interregional trade flows are considered.

Date: 2018-01-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www2.uwe.ac.uk/faculties/BBS/Documents/A%2 ... Korean%20regions.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:uwe:wpaper:20181805

Access Statistics for this paper

More papers in Working Papers from Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol Contact information at EDIRC.
Bibliographic data for series maintained by Jo Michell ().