AN EXTENDED INPUT‐OUTPUT MODEL INCORPORATING EMPLOYED, UNEMPLOYED, AND IN‐MIGRANT HOUSEHOLDS

P. W. J. Batey and M. J. Weeks

Papers in Regional Science, 1987, vol. 62, issue 1, 93-115

Abstract: ABSTRACT Household disaggregation is an important, yet relatively neglected, factor in the construction of regional input‐output models. This paper shows how a simple input‐output model can he progressively extended to provide a more realistic representation or the relationship between industrial sectors anti demographic characteristics of a local labor market. An extended, model including employed, unemployed, and in‐migrant households is proposed and its analytical properties examined. A detailed sensitivity analysis of this model is conducted, using data for Strathelyde in Scotland. Particular attention is given to establishing the range of parameter values that must be adhered in in order that economically feasible solutions may he obtained.

Date: 1987
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https://doi.org/10.1111/j.1435-5597.1987.tb01056.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:presci:v:62:y:1987:i:1:p:93-115

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