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A Bracketing Approach for Estimating Regional Economic Impact Multipliers and a Procedure for Assessing Their Accuracy

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  • A M J Isserman

    (Departments of Urban and Regional Planning and Economics, University of Illinois, Urbana, Illinois 61801, USA)

Abstract

There has been a resurgence in the use of impact multipliers of the economic base type in the United States, particularly in response to recent legislation and judicial decisions which require socioeconomic as well as environmental impact analyses. This paper presents a bracketing approach whereby upper and lower bounds of the multiplier are estimated. It also presents and applies a procedure that can be used to test the accuracy of alternative methods for estimating economic base multipliers.

Suggested Citation

  • A M J Isserman, 1977. "A Bracketing Approach for Estimating Regional Economic Impact Multipliers and a Procedure for Assessing Their Accuracy," Environment and Planning A, , vol. 9(9), pages 1003-1011, September.
    • Handle: RePEc:sae:envira:v:9:y:1977:i:9:p:1003-1011
    DOI: 10.1068/a091003
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    References listed on IDEAS

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    1. Steven J. Weiss & Edwin C. Gooding, 1968. "Estimation of Differential Employment Multipliers in a Small Regional Economy," Land Economics, University of Wisconsin Press, vol. 44(2), pages 235-244.
    2. Unknown, 1962. "Community Development and Economic Development," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 17(3), pages 1-2.
    3. Edward L. Ullman & Michael F. Dacey, 1960. "The Minimum Requirements Approach To The Urban Economic Base," Papers in Regional Science, Wiley Blackwell, vol. 6(1), pages 175-194, January.
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