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Methodological Aspects Of Impact Analysis Of Regional Economic Policy

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  • Henk Folmer
  • Peter Nijkamp

Abstract

ABSTRACT In this paper methodological aspects of impact analysis of regional economic policy are discussed. The first part of the paper deals primarily with conceptual notions and considers impact analysis as part of the comprehensive process of policy evaluation. Given this frame of reference, a detailed conceptual framework for impact analysis is outlined. In the second part of this paper measurement methods are classified into micro and macro studies. The latter class is then further subdivided according to the structure and contents of the impact model at hand. The advantages and weaknesses of each method are evaluated. Finally, an overview of the choice of an appropriate measurement method, given the circumstances under which a specific type of effect of a given kind of instrument has to be measured, is given. This is followed by some general conclusions on impact assessment.

Suggested Citation

  • Henk Folmer & Peter Nijkamp, 1985. "Methodological Aspects Of Impact Analysis Of Regional Economic Policy," Papers in Regional Science, Wiley Blackwell, vol. 57(1), pages 165-180, January.
    • Handle: RePEc:bla:presci:v:57:y:1985:i:1:p:165-180
    DOI: 10.1111/j.1435-5597.1985.tb00865.x
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    Cited by:

    1. Carlos Rodriguez-Fuentes & Sheila Dow, 2003. "EMU and the Regional Impact of Monetary Policy," Regional Studies, Taylor & Francis Journals, vol. 37(9), pages 969-980.
    2. repec:dgr:rugsom:98d26 is not listed on IDEAS
    3. Andrzej Toroj, 2018. "Generation of regional input-output tables: a spatial econometric approach with illustrative simulations for France,Germany and Poland," KAE Working Papers 2018-037, Warsaw School of Economics, Collegium of Economic Analysis.
    4. Andrzej Torój, 2022. "Using geolocation data in spatial-econometric construction of multiregion input-output tables: a Bayesian approach," KAE Working Papers 2022-069, Warsaw School of Economics, Collegium of Economic Analysis.
    5. Li, Zhengtao & Hu, Bin, 2018. "Perceived health risk, environmental knowledge, and contingent valuation for improving air quality: New evidence from the Jinchuan mining area in China," Economics & Human Biology, Elsevier, vol. 31(C), pages 54-68.
    6. Henk Folmer & Johan Oud, 2006. "A Structural Equation Approach to Spatial Dependence Models," ERSA conference papers ersa06p19, European Regional Science Association.
    7. Andrzej Torój, 2016. "Regional Economic Impact Assessment with Missing Input-Output Data: A Spatial Econometrics Approach for Poland," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 8(2), pages 61-91, June.
    8. Dijk, Jouke van, 1998. "Differences in underemployment between the United States and the Netherlands," Research Report 98D26, University of Groningen, Research Institute SOM (Systems, Organisations and Management).

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