The regionalization jhjhjhof national input-output tables: a study of South Korean regions

Anthony T. Flegg () and Timo Tohmo
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Anthony T. Flegg: University of the West of England, Bristol
Timo Tohmo: University of Jyväskylä

Working Papers from Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol

Abstract: This paper uses survey-based data for 16 South Korean regions to refine the application of Flegg¡¦s location quotient (FLQ) and its variant, the sector-specific FLQ (SFLQ). These regions vary markedly in terms of size. Especial attention is paid to the problem of choosing appropriate values for the unknown parameter £_ in these formulae. Alternative approaches to this problem are evaluated and tested. Our paper adds to earlier research that aims to find a cost-effective way of adapting national coefficients, so as to produce a satisfactory initial set of regional input coefficients for regions where survey-based data are unavailable.

Keywords: Location quotients; FLQ; SFLQ; inputƒ{output; South Korea (search for similar items in EconPapers)
JEL-codes: C67 O18 R15 (search for similar items in EconPapers)
Date: 2017-01-05
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