A Dynamic Integration Approach in Regional Input-Output and Econometric Models
AbstractThe methodology with which regional input-output information is incorporated into an econometric model specification has recently gained attention. Although the interdependency of a region's inter-temporal economic sectors has been emphasized, the dynamic properties of these inter-sectoral relationships have not been fully incorporated. This paper presents an attempt to introduce the dynamic properties of inter-sectoral relationships among the economic sectors of a region. The result is a unique dynamic integration approach (DIA) model that not only accounts for structural change in a region's economy, but also is free from many of the inconsistencies and deficiencies associated with recent embedded-holistic models.
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Bibliographic InfoArticle provided by Southern Regional Science Association in its journal Review of Regional Studies.
Volume (Year): 35 (2005)
Issue (Month): 2 ()
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Input Output; Regional;
Find related papers by JEL classification:
- D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
- R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
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