Skip to main content
SpringerLink
Log in

Linking Regional Economic Models for Policy Analysis

  • Chapter
Regional Econometric Modeling

Part of the book series: International Series in Economic Modeling ((INSEM,volume 1))

Abstract

Since the early 1960s, regional have developed a variety of regional economic models for policy analysis. Early efforts focused on the development of economic-base models that provided aggregate Keynesian-type multipliers. The development of regional input-output models followed, mainly in response to the aggregate nature of the multipliers implicit in economic-base models. The input-output model provided a consistent regional accounting framework in which a regional economic structure could be described in great detail. Policy analyses could be extended to disaggregated industry classifications. However, the time paths of economic impacts of policy changes were not captured in these models.

The authors are Regional Economists with the Bureau of Economic Analysis, U.S. Department of Commerce. The help of many colleagues at the Bureau of Economic Analysis and elsewhere is acknowledged. Views expressed are solely the authors’ and not necessarily those of the U.S. Department of Commerce.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Adams, F. G., and Glickman, N. J. 1980. Modeling the Multiregional Economic System. Lexington, MA: Heath.

    Google Scholar 

  • Almon, C., Jr., et al. 1974.1985: Interindustry Forecasts of the American Economy. Lexington, MA: Heath (Lexington Books).

    Google Scholar 

  • Ballard, K., Gustely, R., and Wendling, R. 1980. The National-Regional Impact Evaluation System: Structure, Performance, and Application of a Bottom-up Interregional Econometric Model. Washington, D.C.: Government Printing Office.

    Google Scholar 

  • Bodkin, R. 1976. A large-scale input-output econometric model of the Canadian economy (CANDIDE). In Karen Polenske and Jiri Skolka (Eds.), Advances in Input-Output Analysis. Cambridge, MA: Ballinger. Pp. 27–44.

    Google Scholar 

  • Bolton, R. 1980. Multiregional models in policy analysis. In F. G. Adams and N. J. Glickman (Eds.), Modeling the Multiregional Economy System. Lexington, MA: Heath (Lexington Books).

    Google Scholar 

  • Bourque, P., Conway, R., and Howard, C. 1977. The Washington Projection and Simulation Model. Seattle, WA: University of Washington.

    Google Scholar 

  • Bureau of the Census. 1981.1977 Census of Transportation: Commodity Transportation Survey, TC77-CS. Washington, D.C.: Government Printing Office.

    Google Scholar 

  • Bureau of Economic Analysis (BEA) 1984. The input-output structure of the U.S. economy, 1977. Survey of Current Business 64:42–84.

    Google Scholar 

  • Cartwright, J. V. 1979. Estimating the spatial distribution of program impacts within metropolitan areas. Paper presented at the annual meeting of the Southern Regional Science Association, April.

    Google Scholar 

  • Cartwright, J. V. 1980. The intrametropolitan distribution of program impacts: A multiplier analysis. Paper presented at the annual meeting of The Council of University Institutes of Urban Affairs, March.

    Google Scholar 

  • Cartwright, J. V., and Ambargis, Z. O. 1984. Location quotients and trade in regional I-O tables. Paper presented at the annual meeting of the Southern Regional Science Association, April.

    Google Scholar 

  • Cartwright, J. V., Beemiller, R. M., and Gustely, R. D. 1981. Regional Input- Output Modeling System (RIMS II): Estimation, Evaluation, and Application of a Disaggregated Regional Impact Model. Washington, D.C.: U.S. Department of Commerce.

    Google Scholar 

  • Cartwright, J. V., Beemiller, R. M., Trott, E. A., Jr., and Younger, J. M. 1982. Estimating the Potential Industrial Impacts of a Nuclear Reactor Accident. NUREG/CR-2591, Washington, D.C.: U.S. Nuclear Regulatory Commission.

    Google Scholar 

  • Conway, R. S., Jr., and Howard, C. T. 1980. A forecasting model for regional housing construction. Journal of Regional Science 20:1–10.

    Article  Google Scholar 

  • Drake, R. L. 1976. A shortcut to estimates of regional input-output multipliers: Methodology and evaluation. International Regional Science Review 1:1–17.

    Article  Google Scholar 

  • EAC (Economic Adjustment Committee). 1980. The Regional Economic Impact of Military Base Spending. Washington, D.C.: U.S. Department of Defense.

    Google Scholar 

  • EAC (Economic Adjustment Committee). (1983). Modeling the Regional Economic Impacts of Major New Military Bases. Washington, D.C.: U.S. Department of Defense.

    Google Scholar 

  • Faucett, J. G. 1983. The Multiregional Input-Output Accounts, 1977: Introduction and Summary. Chevy Chase, MD: Jack Faucett Associates.

    Google Scholar 

  • Garnick, D. H. 1970. Differencial regional multiplier models. Journal of Regional Science. 10(l):35–47.

    Article  Google Scholar 

  • Garnick, D. H., Trott, C. E., Olson, A., Hertzfeld, H., and Fable, V. 1971. Toward the Development of a National-Regional Impact Evaluation System and the Upper Licking Area Pilot Study. Staff paper in Economics and Statistics No. 18. Washington, D.C.: U.S. Department of Commerce.

    Google Scholar 

  • Giarrantani, F. 1977. Application of an interindustry supply model to energy issues. Environment and Planning A 8:447–454.

    Article  Google Scholar 

  • Giarratani, F. 1980. The scientific basis for explanation in regional analysis.” Papers, Regional Science Association 45:185–196.

    Article  Google Scholar 

  • Glickman, N. J. 1977. Econometric Analysis of Regional Systems. New York: Academic Press.

    Google Scholar 

  • Gustely, R. D. 1978. Forecasting Regional Economic Activity: The Tennessee Econometric Model (TEM II). Knoxville, TN: Center for Business and Economic Research, University of Tennessee.

    Google Scholar 

  • Isard, W. 1960. Methods of Regional Analysis. Cambridge, MA: MIT Press.

    Google Scholar 

  • Kendrick, J. W., and Jaycox, S. M. 1965. The concept and estimation of gross state product. Southern Economic Journal 32:153–168.

    Article  Google Scholar 

  • Kort, J. R. 1983. A multiregional test of the Conway-Howard Regional Housing Construction Model. Journal of Regional Science 23(3):413–418.

    Article  Google Scholar 

  • Kort, J. R., and Cartwright, J. V. 1981. Modeling the multiregional economy: Integrating econometric and input-output models. Review of Regional Studies 11(2):1–17.

    Google Scholar 

  • L’Esperance, W. 1977. Conjoining an input-output with an econometric model of Ohio. Regional Science Perspectives 2:54–77.

    Google Scholar 

  • Miller, R. E., and Blair, P. 1983. Estimating state-level input-output relationships from U.S. multiregional data. International Regional Science Review 8:233–254.

    Article  Google Scholar 

  • Morrison, W. I., and Smith, P. 1974. Nonsurvey input-output techniques at the small area level: An evaluation. Journal of Regional Science 14:1–4.

    Article  Google Scholar 

  • Nourse, H. O.1968. Regional Economics. New York: McGraw-Hill.

    Google Scholar 

  • Polenske, K. R. 1980. The U.S. Multiregional Input-Output Accounts and Model. Lexington, MA: Heath (Lexington Books).

    Google Scholar 

  • Preston, R. S. 1972. The Wharton Annual and Industry Forecasting Model, Philadelphia, PA: Wharton School of Business.

    Google Scholar 

  • Preston, R. S. 1975. The Wharton long-term model: Input-output within the context of a macro forecasting model. International Economic Review 16(1):3–19.

    Article  Google Scholar 

  • Richardson, H. W. 1972. Input-Output and Regional Economics. London: Weidenfeld and Nicholson.

    Google Scholar 

  • Round, J. I. 1978. An interregional input-output approach to the evaluation of nonsurvey methods. Journal of Regional Science 18:179–194.

    Article  Google Scholar 

  • Round, J. I. 1979. Compensatory feedback effects in interregional input-output models. Journal of Regional Science 19:145–155.

    Article  Google Scholar 

  • Round, J. I. 1983. Nonsurvey techniques: A critical review of the theory and the evidence. International Regional Science Review 8:189–212.

    Article  Google Scholar 

  • Sawyer, C. H., and Miller, R. E. 1983. Experiments in regionalization of a national input-output table. Environment and Planning A 15:501–511, 520.

    Google Scholar 

  • Schaffer, W. A. 1976. On the Use of Input-Output Models for Regional Planning. Leiden: Martinus Nijhoff.

    Book  Google Scholar 

  • Schaffer, W. A., and Chu, K. 1969. Nonsurvey techniques for constructing regional interindustry models. Papers and Proceedings of the Regional Science Association 23:83–101.

    Article  Google Scholar 

  • Seguy, R. M., and Ramirez, J. 1975. The use of input-output analysis in an econometric model of the Mexican economy. Annals of Economic and Social Measurement 4(4):531–552.

    Google Scholar 

  • Stevens, B. H., Treyz, G. I., Ehrlich, D. J., and Bower, J. R. 1983. A new technique for the construction of nonsurvey regional input-output models. International Regional Science Review 8:271–286.

    Article  Google Scholar 

  • Treyz, G., Williams, R., DuGuay, G. E., Stevens, B. H., and Friedlaender, A. 1980a. An overview of the Massachusetts Economic Policy Analysis (MEPA) model. Paper presented at the Harvard/MIT Joint Center for Urban Studies conference on An Assessment of the State of the Art in Regional Modeling.

    Google Scholar 

  • Treyz, G. 1980b. Design of a multiregional policy analysis model. Journal of Regional Science 20:191–206.

    Article  Google Scholar 

Download references

Authors
  1. John R. Kort
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Joseph V. Cartwright
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Richard M. Beemiller
    View author publications

    You can also search for this author in PubMed Google Scholar

Editor information

Editors and Affiliations

  1. Baylor University, Waco, Texas, USA

    M. Ray Perryman

  2. University of Nebraska, Lincoln, Nebraska, USA

    James R. Schmidt

Rights and permissions

Reprints and permissions

Copyright information

© 1986 Kluwer•Nijhoff Publishing, Boston

About this chapter

Cite this chapter

Kort, J.R., Cartwright, J.V., Beemiller, R.M. (1986). Linking Regional Economic Models for Policy Analysis. In: Perryman, M.R., Schmidt, J.R. (eds) Regional Econometric Modeling. International Series in Economic Modeling, vol 1. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-3267-8_4

Download citation

  • DOI: https://doi.org/10.1007/978-94-009-3267-8_4

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-7966-2

  • Online ISBN: 978-94-009-3267-8

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics

Search

Navigation