Economics at your fingertips  

Key sector analysis for a subnational region with leakages

Chang K. Seung ()
Additional contact information
Chang K. Seung: NOAA, National Marine Fisheries Service

The Annals of Regional Science, 2020, vol. 65, issue 3, No 3, 619-644

Abstract: Abstract Key sector analyses have a long and rich history. However, almost all the previous analyses were conducted only within an input–output (IO) framework for a national economy. The present study (1) performs the analysis for a subnational (or regional) economy suffering severe leakages of industries’ revenues due to a large amount of imports and a large fraction of factor income earned by non-residents, and (2) extends the previous IO-based analyses to an analysis within a social accounting matrix (SAM) model and, further, to a multi-regional SAM (MRSAM) model. Comparing the results from the three alternative models shows that the key sectors identified with the alternative models are considerably different. This finding points to the necessity of using SAM-based models for an accurate key sector analysis and offers valuable implications for regional policymakers whose main interest is identifying the industries that they target for the economic development of their regions.

JEL-codes: R15 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:

Ordering information: This journal article can be ordered from

DOI: 10.1007/s00168-020-00997-1

Access Statistics for this article

The Annals of Regional Science is currently edited by Martin Andersson, E. Kim and Janet E. Kohlhase

More articles in The Annals of Regional Science from Springer, Western Regional Science Association Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

Page updated 2020-12-26
Handle: RePEc:spr:anresc:v:65:y:2020:i:3:d:10.1007_s00168-020-00997-1