Regional economic impact assessment with missing input-output data: a spatial econometrics approach for Poland
Andrzej Torój
No 2016-004, KAE Working Papers from Warsaw School of Economics, Collegium of Economic Analysis
Abstract:
We propose a novel method of constructing multisector-multiregion input-output tables, based on the standard multisector tables and the tools of spatial econometrics. Voivodship-level (NUTS-2) and subregion-level data (NUTS-3) on sectoral value added is used to fit a spatial model, based on a modication of the Durbin model. The structural coefficients are calibrated, based on I-O multipliers, while the spatial weight matrices are estimated as parsimoniously parametrised functions of physical distance and limited supply in certain regions. We incorporate additional restrictions to derive proportions in which every cross-sectoral ow should be interpolated into cross-regional ow matrix. All calculations are based on publicly available data. The method is illustrated with an example of regional economic impact assessment for a generic construction company located in Eastern Poland.
Keywords: input-output model; spatial econometrics; Durbin model; multiregion analysis; regional economic impact assessment (search for similar items in EconPapers)
JEL-codes: C21 C31 C67 D57 R12 R15 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2016-03
New Economics Papers: this item is included in nep-geo, nep-hme, nep-tra and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
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http://hdl.handle.net/20.500.12182/1084 (application/pdf)
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Journal Article: Regional Economic Impact Assessment with Missing Input-Output Data: A Spatial Econometrics Approach for Poland (2016) 
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Persistent link: https://EconPapers.repec.org/RePEc:sgh:kaewps:2016004
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