Showing 1 - 9 of 9
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...
Persistent link: https://www.econbiz.de/10005382027
The aim of this article is to analyze, from an aggregate perspective, the differences in personal saving rates among the Spanish regions at the NUTS II level from 1986 to 1994. In accordance with the postulates of the life cycle hypothesis, we present the main economic determinants for personal...
Persistent link: https://www.econbiz.de/10005382042
This research makes use of a large sample of individual telephone calls between local exchanges (cities, towns, villages) within a U.S. region. The interlocational flows, measured in conversation seconds, are analyzed by estimating, in a simultaneous equation framework, spatial interaction...
Persistent link: https://www.econbiz.de/10005382060
In Closing the Case on Closure in Cole's Model Randall Jackson and Moss Madden critique my solution to the time-lagged regional input-output model. My rebuttal demonstrates that they: i) interpret my model incorrectly, ii) are inconsistent in their own specification, and iii) make inapplicable...
Persistent link: https://www.econbiz.de/10005382063
A Bayesian mixed estimation framework is used to examine the forecast accuracy of alternative closures of an input-output model for the Oklahoma economy. The closures correspond to textbook Type I and Type II multipliers, as well as variations of extended input-output and Type IV multipliers....
Persistent link: https://www.econbiz.de/10005382065
Recently, there is an increasing demand in spatial planning for models based on the demographic concepts of birth and death of firms. This article describes the structure of a spatial demographic simulation model of firms, and its application within The Netherlands. The model structure is...
Persistent link: https://www.econbiz.de/10005612792
Cole (1989, 1997, 1999) advocates the introduction of expenditure lags and the fullest possible closure of single-region input-output models. Jackson et al. (1997, 1999) claim that closing also with regard to the Rest-of-the-World leads to inconsistencies and zero exogenous demand, which makes...
Persistent link: https://www.econbiz.de/10005612804
The central concern of this article is with measurement of the economic impact of demographic change at a regional level. To facilitate this, a method is developed which involves the linking together of two hitherto separate analytical techniques: labour market accounts and extended input-output...
Persistent link: https://www.econbiz.de/10005612818
In his response to Closure in Cole's Reformulated Leontief Model (Jackson et al. 1997) Cole presents the mechanics of his solution. His spreadsheet demonstration of the model, however, fails to fully address the conceptual issues and model specification concerns raised in our critique. His...
Persistent link: https://www.econbiz.de/10005758179