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A Typology and Assessment of Multi-sector Regional Economic Impact Models

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Scott Loveridge

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Abstract

Loveridge S. (2004) A typology and assessment of multi-sector regional economic impact models, Reg. Studies 38 , 305-317. This paper provides a summary and critical review of the types of multi-sector models with inter-sectoral linkages commonly used to predict the total impact of an event (plant opening, closing or policy change) on the regional economy. The following model types are included: economic base; input-output; social accounting matrix; integrated econometric/input-output; and computable general equilibrium models. Appropriate uses of the various modelling approaches are presented along with some general operating principles and ethical considerations. The paper concludes with directions for future research. Loveridge S. (2004) Une typologie et un bilan des modèles des impacts économiques régionaux multi-sectoriels, Reg. Studies 38 , 305-317. Cet article cherche à faire le résumé et la critique des typologies de modèles multi-sectoriels qui ont des liens intersectoriels et dont on se sert fréquemment afin de prédire l'impact global sur l'économie régionale d'un effet ponctuel (à savoir l'ouverture d'un établissement, la fermeture, le changement de politique). On inclut les typologies de modèles qui suivent: base économique, échanges interindustriels, matrice de comptabilité nationale, économétrie/échanges interindustriels intégrés, et équilibre général sur ordinateur. On présente des façons d'employer les divers modèles qui conviennent, conjointement avec des principes généraux et des considérations ethiques. Pour conclure, l'article propose la voie à suivre pour ce qui est de la recherche future. Loveridge S. (2004) Eine Typologie und Bewertung vielfach gefächerter regionalwirtschaftlicher Auswirkungsmodelle, Reg. Studies 38 , 305-317. Dieser Aufsatz bringt eine Zusammenfassung und kritische Besprechung der Typen mehrfach gefächerter Modelle mit intersektorellen Verknüpfungen, die weithin dazu benutzt werden, die Gesamtauswirkung eines Ereignisses, (sei es Eröffnung, Schließung oder Betriebsumstellung) auf die regionale Wirtschaft vorherzusagen. Die folgenden Modelltypen werden berücksichtigt: wirtschaftliche Grundlage, Aufwand/Ertrag, Sozialbedeutungsmatrix, integrierte ökonometrische Aufwand/ Ertrags- und berechenbare allgemeine Gleichgewichtsmodelle. Es werden geeignete Anwendungen der verschiedenartigen Modellansätze sowie allgemeine Arbeitsprinzipien und ethische Erwägungen vorgelegt. Der Aufsatz schließt mit Hinweisen auf weitere Forschungsaufgaben. Loveridge S. (2004) Una tipología y evaluación de modelos multi-sectoriales que analizan el impacto económico regional, Reg. Studies 38 , 305-317. Este artículo ofrece un resumen y un examen crítico de los tipos de modelos multi-sectoriales con enlaces inter-sectoriales comunmente utilizados para predecir el impacto total de un acontecimiento (apertura de una planta, cierre, o cambio de política) en la economía regional. Se incluyen los siguientes tipos de modelos: base económica, input- ouput, matriz de contabilidad social, econométrico/input-output integrado, y modelos contables de equilibrio general. Se presentan las aplicaciones apropiadas de los diversos enfoques de modelización junto con algunos principios operativos generales y consideraciones éticas. El artículo concluye con recomendaciones para futura investigación.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Regional Studies.

Volume (Year): 38 (2004)
Issue (Month): 3 (May)
Pages: 305-317
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Handle: RePEc:taf:regstd:v:38:y:2004:i:3:p:305-317

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Related research
Keywords: Impact Analysis Economic Base Input-output Computable General Equilibrium Regional Economic Development Policy

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This page was last updated on 2008-8-28.


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