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The regionalization jhjhjhof national input-output tables: a study of South Korean regions

Author

Listed:
  • Anthony T. Flegg

    (University of the West of England, Bristol)

  • Timo Tohmo

    (University of Jyväskylä)

Abstract

This paper uses survey-based data for 16 South Korean regions to refine the application of Flegg¡¦s location quotient (FLQ) and its variant, the sector-specific FLQ (SFLQ). These regions vary markedly in terms of size. Especial attention is paid to the problem of choosing appropriate values for the unknown parameter £_ in these formulae. Alternative approaches to this problem are evaluated and tested. Our paper adds to earlier research that aims to find a cost-effective way of adapting national coefficients, so as to produce a satisfactory initial set of regional input coefficients for regions where survey-based data are unavailable.

Suggested Citation

  • Anthony T. Flegg & Timo Tohmo, 2017. "The regionalization jhjhjhof national input-output tables: a study of South Korean regions," Working Papers 20171705, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    • Handle: RePEc:uwe:wpaper:20171705
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    File URL: http://www2.uwe.ac.uk/faculties/BBS/BUS/Research/General/Economic%20Papers%202017/1705.pdf
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    More about this item

    Keywords

    Location quotients; FLQ; SFLQ; inputƒ{output; South Korea;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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