IDEAS home Printed from https://ideas.repec.org/a/spr/presci/v78y1999i4p423-427.html
   My bibliography  Save this article

research notes: Closing the case on closure in Cole's model

Author

Listed:
  • Randall W. Jackson

    () (Department of Geography, Ohio State University, Columbus, OH 43210, USA)

  • Moss Madden

    () (Department of Civic Planning Design, University of Liverpool, Liverpool L69 3 BX, UK)

Abstract

In his response to Closure in Cole's Reformulated Leontief Model (Jackson et al. 1997) Cole presents the mechanics of his solution. His spreadsheet demonstration of the model, however, fails to fully address the conceptual issues and model specification concerns raised in our critique. His demonstration does enable us to provide a sorely needed formalization that pinpoints the inconsistencies in his model. While we join with Cole in urging modellers to strive for clarity, transparency, and utility, we caution against allowing these goals to cause us to lose sight of internal consistency requirements.

Suggested Citation

  • Randall W. Jackson & Moss Madden, 1999. "research notes: Closing the case on closure in Cole's model," Papers in Regional Science, Springer;Regional Science Association International, vol. 78(4), pages 423-427.
  • Handle: RePEc:spr:presci:v:78:y:1999:i:4:p:423-427 Note: Received: 9 September 1998
    as

    Download full text from publisher

    File URL: http://link.springer.de/link/service/journals/10110/papers/9078004/90780423.pdf
    Download Restriction: Access to the full text of the articles in this series is restricted

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Laussel, Didier & Le Breton, Michel, 1998. "Existence of Nash equilibria in fiscal competition models," Regional Science and Urban Economics, Elsevier, vol. 28(3), pages 283-296, May.
    2. Hoyt William H., 1993. "Tax Competition, Nash Equilibria, and Residential Mobility," Journal of Urban Economics, Elsevier, vol. 34(3), pages 358-379, November.
    3. Wildasin, David E., 1988. "Nash equilibria in models of fiscal competition," Journal of Public Economics, Elsevier, pages 229-240.
    4. Petchey, Jeffrey, 1995. "Resource Rents, Cost Differences and Fiscal Equalization," The Economic Record, The Economic Society of Australia, vol. 71(215), pages 343-353, December.
    5. Jones, Rich & Whalley, John, 1989. "A Canadian regional general equilibrium model and some applications," Journal of Urban Economics, Elsevier, vol. 25(3), pages 368-404, May.
    6. Mintz, Jack & Tulkens, Henry, 1986. "Commodity tax competition between member states of a federation: equilibrium and efficiency," Journal of Public Economics, Elsevier, vol. 29(2), pages 133-172, March.
    7. Pissarides, Christopher A & McMaster, Ian, 1990. "Regional Migration, Wages and Unemployment: Empirical Evidence and Implications for Policy," Oxford Economic Papers, Oxford University Press, vol. 42(4), pages 812-831, October.
    8. Mark D. Partridge & Dan S. Rickman, 1998. "Regional Computable General Equilibrium Modeling: A Survey and Critical Appraisal," International Regional Science Review, , vol. 21(3), pages 205-248, December.
    9. Morgan, William & Mutti, John & Rickman, Dan, 1996. "Tax Exporting, Regional Economic Growth, and Welfare," Journal of Urban Economics, Elsevier, vol. 39(2), pages 131-159, March.
    10. Ross Garnaut, 2002. "Equity and Australian Development: Lessons from the First Century," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 35(3), pages 227-243.
    11. Pissarides, Christopher A & Wadsworth, Jonathan, 1989. "Unemployment and the Inter-regional Mobility of Labour," Economic Journal, Royal Economic Society, vol. 99(397), pages 739-755, September.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Extended input-output; lagged expenditures; model validity;

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:presci:v:78:y:1999:i:4:p:423-427. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.springer.com .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.