Argyrios D. Kolokontes, Chrysovalantis Karafillis, Fotios Chatzitheodoridis - Peculiarities and usefulness of multipliers, elasticities and location quotients for the regional development planning: an other view
AbstractIn this paper, the peculiarities of type I multipliers and elasticities and their differences on the generated results for the proposed developmental priorities are examined. Moreover the influences of the used non-survey techniques (Simple Location Quotient, Cross Industry Location Quotient and Flegg’s Location Quotient) among the sectoral rankings from the type I multipliers and elasticities are scrutinized. For the target of the paper, the economy of Western Macedonia region in Greece has been used as an example for the secondary simulation. The results show that the type I multipliers and elasticities are not end up to same sectoral rankings due to their different definition and are not the same suitable indicators for short-term and long-term developmental planning. Nevertheless, their coexistence could improve the economic prosperity both on short and long period of time. As for the used location quotient, the FLQ technique improves the proximity of the sectoral rankings that are generated from all the used indicators and also reduces the magnitudes of type I multipliers and elasticities.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Romanian Regional Science Association in its journal Romanian Journal of Regional Science.
Volume (Year): 2 (2008)
Issue (Month): 2 (December)
Contact details of provider:
Web page: http://www.rrsa.ro
Input-output analysis; regional planning; multipliers; elasticities; non-survey techniques;
Find related papers by JEL classification:
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Erik Dietzenbacher, 2005. "More on multipliers," Journal of Regional Science, Wiley Blackwell, vol. 45(2), pages 421-426.
- Round, J. I., 1978. "On estimating trade flows in interregional input output models," Regional Science and Urban Economics, Elsevier, vol. 8(3), pages 289-302, September.
- Louis de Mesnard, 2004. "Understanding the Shortcomings of Commodity-based Technology in Input-Output Models: an Economic-Circuit Approach," Journal of Regional Science, Wiley Blackwell, vol. 44(1), pages 125-141.
- A. T. Flegg & C. D. Webber, 2000. "Regional Size, Regional Specialization and the FLQ Formula," Regional Studies, Taylor & Francis Journals, vol. 34(6), pages 563-569.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bogdan-Vasile Ileanu).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.