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Creating and Expanding Trade Partnerships Within the Chicago Metropolitan Area: Applications Using a Miyazawa Accounting System

In: Regional Science in Business

Author

Listed:
  • Geoffrey J. D. Hewings
  • Yasuhide Okuyama
  • Michael Sonis

Abstract

Consider the following scenario; a business news report highlights the discovery of a new country in which wage and salary income amounts to slightly less than $10 billion. This country has escaped notice by entrepreneurs since very little was known about it — including its location. In addition, the news report continues that a second country with purchasing power exceeding $8 billion has been found close by. How could this be possible in an age of globalization, internet, and rapid diffusion of information? The cause for these countries being overlooked is due, in part, to lack of information about their location but the greater problem is due to casual dismissal of the size of their markets — based on little or no information.

Suggested Citation

  • Geoffrey J. D. Hewings & Yasuhide Okuyama & Michael Sonis, 2001. "Creating and Expanding Trade Partnerships Within the Chicago Metropolitan Area: Applications Using a Miyazawa Accounting System," Advances in Spatial Science, in: Graham Clarke & Moss Madden (ed.), Regional Science in Business, chapter 2, pages 11-35, Springer.
    • Handle: RePEc:spr:adspcp:978-3-662-04625-8_2
    DOI: 10.1007/978-3-662-04625-8_2
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    Cited by:

    1. Dimitris Ballas & Graham Clarke & John Dewhurst, 2006. "Modelling the Socio-economic Impacts of Major Job Loss or Gain at the Local Level: a Spatial Microsimulation Framework," Spatial Economic Analysis, Taylor & Francis Journals, vol. 1(1), pages 127-146.

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