Flegg, Anthony T.; Tohmo, Timo - Department of Accounting, Economics and Finance, … - 2013
This paper re-examines the Finnish evidence presented by Lehtonen and Tykkyläinen on the use of location quotients (LQs) in estimating regional input coefficients and multipliers. They argue that the choice of an LQ-based method is a gamble and that there is no single method that can be...