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Comparative Stability Analysis of Multiregional Input-Output Models: Column, Row, and Leontief-Strout Gravity Coefficient Models

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  • Ranko Bon

Abstract

This paper provides the necessary and sufficient conditions on the regional trade matrices that ensure that a generalized multiregional input-output (MRIO) model will be convergent. The three MRIO models are examined using the above conditions, and it is demonstrated that the Chenery-Moses column coefficient model satisfies them, whereas the opposite is true of the row coefficient and Leontief-Strout point-estimate gravity coefficient models. This evaluation of the three MRIO models confirms the results of empirical testing.

Suggested Citation

  • Ranko Bon, 1984. "Comparative Stability Analysis of Multiregional Input-Output Models: Column, Row, and Leontief-Strout Gravity Coefficient Models," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 99(4), pages 791-815.
    • Handle: RePEc:oup:qjecon:v:99:y:1984:i:4:p:791-815.
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    File URL: http://hdl.handle.net/10.2307/1883126
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    Cited by:

    1. Ichihara, Silvio Massaru & Guilhoto, Joaquim José Martins & Imori, Denise, 2009. "Combining geoprocessing and interregional input-output systems: An application to the State of São Paulo in Brazil," MPRA Paper 30696, University Library of Munich, Germany.
    2. Ichihara, Silvio Massaru & Guilhoto, Joaquim José Martins & Imori, Denise, 2008. "Geoprocessing and estimation of interregional input-output systems an application to the state of Sao Paulo in Brazil," MPRA Paper 54036, University Library of Munich, Germany.
    3. R E Miller & G Shao, 1990. "Spatial and Sectoral Aggregation in the Commodity-Industry Multiregional Input-Output Model," Environment and Planning A, , vol. 22(12), pages 1637-1656, December.
    4. C Hua, 1990. "A Flexible and Consistent System for Modelling Interregional Trade Flows," Environment and Planning A, , vol. 22(4), pages 439-457, April.
    5. Polenske, Karen R., 1995. "Leontief's spatial economic analyses," Structural Change and Economic Dynamics, Elsevier, vol. 6(3), pages 309-318, August.

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