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Stochastic Input-Output Analysis: A Simulation Study

Author

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  • D J Hanseman

    (Department of Economics, University of Cincinnati, Cincinnati, OH 45221, USA)

Abstract

In the first part of the paper, the idea of a stochastic input-output model, as conceived by Gerking, is reviewed and criticized; and some extensions and simplifications are then made. The second part seeks to assess the small sample behavior of several regression estimators proposed by Gerking. Since samples available for the construction of regional tables are typically quite small, this Monte Carlo study provides evidence as to which of the proposed estimators is most feasible for the actual empirical construction of regional input-output tables.

Suggested Citation

  • D J Hanseman, 1982. "Stochastic Input-Output Analysis: A Simulation Study," Environment and Planning A, , vol. 14(11), pages 1425-1435, November.
    • Handle: RePEc:sae:envira:v:14:y:1982:i:11:p:1425-1435
    DOI: 10.1068/a141425
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    Cited by:

    1. Gurgul, Henryk, 2007. "Stochastic input-output modeling," MPRA Paper 68573, University Library of Munich, Germany, revised 2007.

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