Since construction of a regional input-output model for impact analysis is very time-consuming, a market for ready-made regionally customized model systems has developed. This article compares five such systems. It is based on a survey of five modelers who estimated impacts of seven hypothetical regional development scenarios. The article presents the estimates generated; then compares them, focusing on the degree of variation among the estimates and also comparing them to a survey model's results. Although estimated impacts were relatively similar for regionwide output and income impacts, there was great dissimilarity among employment impact estimates.
Get full access to this article
View all access options for this article.
References
1.
Bourque, P. J.1987. Synthetic input-output models: A comment. Review of Regional Studies17, 2: 28-29.
2.
Brucker, S. M.
, S. E. Hastings, and W. R. Latham. 1987. Regional input-output analysis: A comparison of five ready-made model systems. Review of Regional Studies17, 2: 1-16.
3.
Cartwright, J. U.
, R. M. Beemiller, and R. D. Gustely. 1981. RIMS II regional input-output modeling system. Washington, D.C.: U.S. Department of Commerce, Bureau of Economic Analysis.
4.
Gilless, J. K.
, and M. S. Jamnick. 1988. Use of sensitivity analysis to guide primary data collection efforts in the construction of the hybrid input-output models. Paper presented at the International Conference on the Construction and Use of Regional Input-Output Models, Alpine Lake Resort, WV.
5.
Greenstreet, D.
1988. Choosing foundations for partial survey regional input-output models. Paper presented at the International Conference on the Construction and Use of Regional Input-Output Models, Alpine Lake Resort, WV.
6.
Jensen, R. C.1978. Some accounting procedures and their effects on input-output multipliers. Annals of Regional Science12: 21-38.
7.
Jensen, R. C.1987. On the concept of ready-made regional input-output models. Review of Regional Studies17, 2: 20-25.
8.
Jensen, R. C.
, G. R. West, and G. J. D. Hewings. 1986. On the study of regional economic structure using input-output tables. Brisbane: University of Queensland, Department of Economics, Working Paper 57.
9.
Lahr, M. L.
1987. The importance of imported inputs and other considerations for minimizing survey cost for regional input-output tables. Paper presented at the Regional Science Association Meetings, Baltimore, MD.
10.
Lamphear, C. F.
, and R. T. Konecny. 1986. ADOTMATR user's manual. Lincoln: Resource Economics and Management, Inc.
11.
McMenamin, D. G.
, and J. E. Haring. 1974. An appraisal of non-survey techniques for estimating regional input-output models. Journal of Regional Science14: 191-205.
12.
Miernyk, W. H.1987. Comment on regional input-output analysis: A comparison of five ready-made model systems. Review of Regional Studies17, 2: 17.
13.
Morrison, W. I.
, and P. Smith. 1974. Stimulating the urban economy. London: Pion Limited.
14.
Nelson, M. K.1985. Socioeconomic impact models: An annotated bibliography. Washington, D.C.: U.S. Department of Agriculture, Economic Research Service.
15.
Palmer, C.
, E. Siverts, and J. Sullivan. 1985. IMPLAN version 1.1: Analysis guide. Fort Collins, CO: U.S. Department of Agriculture, Forest Service, Land Management Planning Systems.
16.
Round, J. I.1987. A note on ready-made regional input-output models. Review of Regional Studies17, 2: 27.
17.
Schaffer, W. A.1972. Estimating regional input-output coefficients. Review of Regional Studies2, 3: 57-71.
18.
Schaffer, W. A.
, and K. Chu. 1969. Nonsurvey techniques for constructing regional interindustry models. Papers, Regional Science Association23: 83-101.
19.
Schaffer, W. A.
, and L. S. Davidson. 1985. Economic impact of the Falcons on Atlanta: 1984. Atlanta: The Atlanta Falcons.
20.
Stevens, B. H.1987. Comments on ready-made regional input-output model systems: Model accuracy and the value of limited surveys. Review of Regional Studies. 17, 2:19.
21.
Stevens, B. H.
, and G. A. Trainer. 1976. The generation of error in regional input-output impact models. Peace Dale, RI: Regional Science Institute, Working Paper A1-76.
22.
Stevens, B. H.
, G. I. Treyz, D. J. Erlich, and J. R. Bower. 1983. A new technique for the construction of nonsurvey regional input-output models and comparisons with two survey-based models. International Regional Science Review8: 271-286.
23.
U.S. Bureau of the Census
. 1982. County business patterns. Washington, D.C.: U.S. Government Printing Office.
