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An Evaluation of Method for Constructing Commodity by Industry Flow Matrices

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Author Info

  • Schwarm, Walter R.
  • Jackson, Randall W.
  • Okuyama, Yasuhide

Abstract

The lack of consistent, reliable data on interregional trade and interindustry transactions hampers complete analysis of regional models. This study implements and tests interindustry transaction flows in a national system of economic regions derived from an interregional accounting framework and initial information on interregional shipments. The method used to construct an interregional Commodity by Industry Flow matrix for the United States involves the construction of single-state SAMs. The interregional flows connecting states are estimated using a method based on the Commodity Flow Survey data published by the Bureau of Transportation Statistics, which adjusts the estimated interregional SAM to insure the integrity of intraregional and system-wide, national accounts. This paper presents the results of exercises testing the validity of the resulting interregional trade-flow data using, among other data sources, the CFS itself, the FAFD and S&P/DRI regional estimates. The model is tested is a US interregional framework describing flows within and among the 50 states and the District of Colombia.

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File URL: http://purl.umn.edu/132317
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Bibliographic Info

Article provided by Mid-Continent Regional Science Association in its journal Journal of Regional Analysis and Policy.

Volume (Year): 36 (2006)
Issue (Month): 1 ()
Pages:

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Handle: RePEc:ags:jrapmc:132317

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Keywords: Research Methods/ Statistical Methods;

References

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  1. Randall Jackson & Walter Schwarm & Yasuhide Okuyama & Samia Islam, 2006. "A method for constructing commodity by industry flow matrices," The Annals of Regional Science, Springer, vol. 40(4), pages 909-920, December.
  2. Round, Jeffrey I, 1985. "Decomposing Multipliers for Economic Systems Involving Regional and World Trade," Economic Journal, Royal Economic Society, vol. 95(378), pages 383-99, June.
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Citations

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Cited by:
  1. Marc Mueller & Emanuele Ferrari, 2012. "Social Accounting Matrices and Satellite Accounts for EU27 on NUTS2 Level (SAMNUTS2)," JRC-IPTS Working Papers JRC73088, Institute for Prospective and Technological Studies, Joint Research Centre.
  2. Joao Pedro Ferreira & Pedro Ramos & Luis Cruz & Eduardo Barata, 2013. "Metropolitan Multiregional Input-Output Modelling Framework," ERSA conference papers ersa13p938, European Regional Science Association.
  3. Randall Jackson & Walter Schwarm, 2011. "Accounting foundations for interregional commodity-by-industry input-output models," Letters in Spatial and Resource Sciences, Springer, vol. 4(3), pages 187-196, October.

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