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Regional Impact Models

Author

Listed:
  • William A. Schaffer

    (School of Economics, Georgia Institute of Technology)

Abstract

This survey of regional input-output models and their use in impact analysis evolved from over twenty years of experience in constructing regional economic models and in teaching about them. Its objectives are to present this family of models in an easily understood format, to show that the models we use in economics are well-structured, and to provide a basis for understanding applications of these models in impact analysis. The models are presented in such a way that understanding the logic and algebra of the simplest economic-base model leads to an understanding of the only slightly more complex regional and interregional input-output models in common use today. The advanced models become matrix-algebra extensions of the simple models.

Suggested Citation

  • William A. Schaffer, 1999. "Regional Impact Models," Wholbk, Regional Research Institute, West Virginia University, number 24, Fall.
    • Handle: RePEc:rri:wholbk:24
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    File URL: https://researchrepository.wvu.edu/rri-web-book/7/
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    Citations

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    Cited by:

    1. Ahmed, Vaqar, 2006. "Regional economic modelling: evaluating existing methods and models for constructing an Irish prototype," MPRA Paper 7650, University Library of Munich, Germany.
    2. David L. Kay & James E. Pratt & Mildred E. Warner, 2007. "Role of Services in Regional Economy Growth," Growth and Change, Wiley Blackwell, vol. 38(3), pages 419-442, September.
    3. Jaime de Pablo Valenciano & Juan Milán-García & Juan Uribe-Toril & José Luis Ruiz-Real, 2023. "The Fruit and Vegetable Sector in Andalusia (Spain): Key in Terms of Linkages and the Effect of Economic Multipliers?," SAGE Open, , vol. 13(3), pages 21582440231, July.
    4. Panayiotis Drakakis & Athanasios Papadaskalopoulos & Dimitrios Lagos, 2021. "Multipliers and impacts of active sport tourism in the Greek region of Messinia," Tourism Economics, , vol. 27(3), pages 527-547, May.
    5. Shu-hen Chiang, 2009. "Location quotient and trade," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 43(2), pages 399-414, June.
    6. Dominique Vollet & Jean-Paul Bousset, 2002. "Use of Meta-analysis for the Comparison and Transfer of Economic Base Multipliers," Regional Studies, Taylor & Francis Journals, vol. 36(5), pages 481-494.
    7. Joseph Marchand & Jeremy Weber, 2018. "Local Labor Markets And Natural Resources: A Synthesis Of The Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 32(2), pages 469-490, April.
    8. Bell, William Paul, 2009. "Adaptive interactive expectations: dynamically modelling profit expectations," MPRA Paper 38260, University Library of Munich, Germany, revised 09 Feb 2010.
    9. Louis Mesnard, 2011. "Negatives in symmetric input–output tables: the impossible quest for the Holy Grail," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 46(2), pages 427-454, April.
    10. Kopainsky, Birgit & Flury, Christian & Giuliani, Gianluca, 2008. "Agriculture’s contribution to rural viability: An approach to estimate regional economic impacts of agricultural policy in Swiss case study regions," 107th Seminar, January 30-February 1, 2008, Sevilla, Spain 6483, European Association of Agricultural Economists.
    11. Folsom, Joe, 2003. "Measuring the Economic Impact of Cooperatives in Minnesota," Research Reports 280088, United States Department of Agriculture, Rural Development.
    12. Jean-Christophe MARTIN & Patrick POINT, 2011. "Economic impacts of development of road transport for Aquitaine region for the period 2007-2013 subject to a climate plan," Cahiers du GREThA (2007-2019) 2011-03, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    13. Maureen Kilkenny, 2010. "Urban/Regional Economics And Rural Development," Journal of Regional Science, Wiley Blackwell, vol. 50(1), pages 449-470, February.
    14. Harris, Thomas R. & Thomsen, Roy W. & van Kooten, G. Cornelis, 2002. "Initial Applications Of Fuzzy Set Procedures For Estimation Of Export Base Employment," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36565, Western Agricultural Economics Association.
    15. Andrew Crawley & Malcolm Beynon & Max Munday, 2013. "Making Location Quotients More Relevant as a Policy Aid in Regional Spatial Analysis," Urban Studies, Urban Studies Journal Limited, vol. 50(9), pages 1854-1869, July.

    More about this item

    Keywords

    input output; regional science; economics; policy;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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