An Aggregated Regional Economic Input–Output Analysis within a Fuzzy Environment

Malcolm James Beynon and Max Munday ()

Spatial Economic Analysis, 2007, vol. 2, issue 3, 281-296

Abstract: Abstract Imprecision within economic input–output frameworks can be a problem, particularly when investigating the characteristics of defined industry sectors. This study undertakes an aggregated regional economic input–output analysis, within a fuzzy environment. The dearth of studies encompassing a fuzzy approach within input–output analysis largely concerns the problematic representation of imprecision. Results pertaining to the fuzzy output multipliers associated with each sector group are described, including possibilistic mean and variance; also identified is a specific ranking of the sector groups. Where appropriate, results are compared with those from a Monte Carlo simulation based stochastic analysis.

Keywords: Aggregated data; fuzzy set theory; input–output tables; regional analysis; C15; C67; C67; R15 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (5)

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DOI: 10.1080/17421770701549787

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