Weiler, Stephan; Loomis, John; Richardson, Robby; … - In: The Review of Regional Studies 32 (2002) 1, pp. 97-111
Policy models such as Input-Output (IO) or Computable General Equilibrium (CGE) are deterministic, with exogenous final demand shocks producing point estimates of local impacts. Confidence intervals around these point estimates, while desirable, are not readily available. Using the causal...
