Modeling Small Area Economic Change in Conjunction with a Multiregional CGE Model
Ian Sue Wing and
William P. Anderson
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Ian Sue Wing: Boston University
William P. Anderson: Boston University
Chapter 12 in Globalization and Regional Economic Modeling, 2007, pp 263-288 from Springer
Abstract:
Abstract Regional economic projections are often made at the level of spatial aggregation that is most convenient from political, data and computational perspectives. For example, in the US projections are often made at the level of 50 states. From a policy perspective this makes some sense since disbursements of federal funds for infrastructure are generally made to state governments and sub-state governments have little political representation at the federal level. Economic data is much richer at the state level than at any sub-state level. Also, for many models a larger number of regions than the 50 implies excessive computational burden.
Keywords: Internal Migration; County Level; Computable General Equilibrium; Intermediate Input; Final Demand (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-540-72444-5_12
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DOI: 10.1007/978-3-540-72444-5_12
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