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articles: Integrated regional econometric+input-output modeling: Issues and opportunities

Author

Listed:
  • Sergio J. Rey

    (Department of Geography, San Diego State University, San Diego, CA 92182, USA)

Abstract

Recent research on integrated econometric+input-output modeling for regional economies is reviewed. The motivations for and the alternative methodological approaches to this type of analysis are examined. Particular attention is given to the issues arising from multiregional linkages and spatial effects in the implementation of these frameworks at the sub-national scale. The linkages between integrated modeling and spatial econometrics are outlined. Directions for future research on integrated econometric and input-output modeling are identified.

Suggested Citation

  • Sergio J. Rey, 2000. "articles: Integrated regional econometric+input-output modeling: Issues and opportunities," Papers in Regional Science, Springer;Regional Science Association International, vol. 79(3), pages 271-292.
  • Handle: RePEc:spr:presci:v:79:y:2000:i:3:p:271-292
    Note: Received: 20 January 1999
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    Citations

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    Cited by:

    1. Ashkan Masouman & Charles Harvie, 2017. "Measuring Economic Change in the Illawarra, New South Wales: An Integrated Framework," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 50(3), pages 294-308, July.
    2. Cordier, Mateo & Uehara, Takuro & Weih, Jeffrey & Hamaide, Bertrand, 2017. "An Input-output Economic Model Integrated Within a System Dynamics Ecological Model: Feedback Loop Methodology Applied to Fish Nursery Restoration," Ecological Economics, Elsevier, vol. 140(C), pages 46-57.
    3. Fannin, J. Matthew & Hughes, David W. & Keithly, Walter R. & Olatubi, Williams O. & Guo, Jiemin, 2008. "Deepwater energy industry impacts on economic growth and public service provision in Lafourche Parish, Louisiana," Socio-Economic Planning Sciences, Elsevier, vol. 42(3), pages 190-205, September.
    4. Sébastien Jean & David Laborde, 2004. "The Impact of Multilateral Liberalisation on European Regions: a CGE Assessment," Working Papers 2004-20, CEPII research center.
    5. L. I. Vlasyuk, 2017. "Strategic planning and forecasting system in the Russian Federation: a regional projection," Russian Journal of Industrial Economics, MISIS, vol. 10(2).
    6. Berka, Anna L. & Creamer, Emily, 2018. "Taking stock of the local impacts of community owned renewable energy: A review and research agenda," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 3400-3419.
    7. Andrzej Toroj, 2018. "Generation of regional input-output tables: a spatial econometric approach with illustrative simulations for France,Germany and Poland," KAE Working Papers 2018-037, Warsaw School of Economics, Collegium of Economic Analysis.
    8. Della Lucia, Maria, 2013. "Economic performance measurement systems for event planning and investment decision making," Tourism Management, Elsevier, vol. 34(C), pages 91-100.
    9. Chris Bachmann, 2019. "Calibrating and Applying Random-Utility-Based Multiregional Input–Output Models for Real-World Applications," Networks and Spatial Economics, Springer, vol. 19(1), pages 219-242, March.
    10. Sergio Rey, 2014. "Open regional science," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 52(3), pages 825-837, May.
    11. Oliver Fritz & Gerhard Streicher, 2008. "Trade Effects of Service Liberalization in the EU. Simulation of Regional Macroeconomic Effects for Austria," WIFO Studies, WIFO, number 34221.
    12. Witzke, Peter & Britz, Wolfgang, 2005. "Consolidating trade flows and market balances globally using a Highest Posteriori Density estimator," Conference papers 331353, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    13. Jae Hong Kim & Geoffrey J. D. Hewings, 2012. "An Application of the Disequilibrium Adjustment Framework to Small Area Forecasting and Impact Analysis," Advances in Spatial Science, in: Esteban Fernández Vázquez & Fernando Rubiera Morollón (ed.), Defining the Spatial Scale in Modern Regional Analysis, edition 127, chapter 0, pages 139-155, Springer.
    14. JunHo Yeo & David Holland, 2004. "Economic Growth in Washington: An Examination of Migration Response and a Test of Model Accuracy," International Regional Science Review, , vol. 27(2), pages 205-237, April.
    15. Nils May & Øivind A. Nilsen, 2019. "The Local Economic Impact of Wind Power Deployment," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 75(1), pages 56-92.
    16. Bouët, Antoine & Laborde, David, 2004. "National interests, coalitions and rules of decision in multilateral trade negotiations," Conference papers 331296, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    17. Kirsten Svenja Wiebe & Eivind Lekve Bjelle & Johannes Többen & Richard Wood, 2018. "Implementing exogenous scenarios in a global MRIO model for the estimation of future environmental footprints," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 7(1), pages 1-18, December.
    18. Haitao Yu, 2018. "A review of input–output models on multisectoral modelling of transportation–economic linkages," Transport Reviews, Taylor & Francis Journals, vol. 38(5), pages 654-677, September.
    19. Leatherman, John C. & Deller, Steven C., 2001. "Building Local Government Capacity: The Toolbox for Outreach Educators," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 31(1), pages 1-20.
    20. Kijin Kim & Kurt Kratena & Geoffrey J.D. Hewings, 2015. "The Extended Econometric Input-Output Model With Heterogeneous Household Demand System," Economic Systems Research, Taylor & Francis Journals, vol. 27(2), pages 257-285, June.
    21. Dan S. Rickman & Steven R. Miller & Russell McKenzie, 2009. "Spatial and sectoral linkages in regional models: A Bayesian vector autoregression forecast evaluation," Papers in Regional Science, Wiley Blackwell, vol. 88(1), pages 29-41, March.

    More about this item

    Keywords

    Regional modeling; integrated; econometric; input-output;
    All these keywords.

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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