Long-Range Forecasting with a Regional Input-Output Model

William H. Miernyk

Chapter 12 in Regional Economics, 1970, pp 167-179 from Palgrave Macmillan

Abstract: Abstract For some planning purposes national forecasts are adequate. But one of the outstanding characteristics of the American economy is its geographic diversity. Certain types of economic activities — generally those serving local or regional markets — are almost ubiquitous. But other sectors serve national markets, and within these sectors there is considerable regional specialisation. This specialisation provides the rationale for regional input-output studies.

Keywords: Final Demand; Trade Pattern; Location Quotient; Input Coefficient; Regional Table (search for similar items in EconPapers)
Date: 1970
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15404-3_13

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DOI: 10.1007/978-1-349-15404-3_13

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