SOME PROCEDURES FOR ESTIMATING GOODS AND SERVICE TRADE BETWEEN REGIONS USING THE TRADE REPORTS FROM IMPLAN

In empirical models like inter-regional input-output models and inter-regional computable general equilibrium models it is essential to know the economic linkage between regions in the form of inter-regional trade and factor flows. This report describes several approaches to estimating inter-regional trade using the information produced in the IMPLAN Commodity Trade Report and the Commodity Summary Report. In other words, it is assumed that the counties in both the core and periphery regions have been identified and regional input-output accounts for each region have been constructed using IMPLAN Pro 2.O. The calculation procedure for each approach is illustrated with an empirical example.