Showing 1 - 3 of 3
This paper examines the nature of uncertainty in integrated econometric+input-output (ECIO) regional models. We focus on three sources of uncertainty: (a) econometric model parameter uncertainty; (b) econometric disturbance term uncertainty; and (c) input-output coefficient uncertainty. Through...
Persistent link: https://www.econbiz.de/10005484952
This paper examines the nature of coefficient change in integrated econometric (EC) and input-output (IO) models that employ an embedding strategy. Existing approaches towards coefficient change in integrated models are first reviewed and several substantive processes that give rise to dynamic...
Persistent link: https://www.econbiz.de/10009223135
There has been a recent resurgence of interest in biproportional adjustment methods for updating and interpreting change in matrix representations of regional structures, most commonly input-output accounts. Although the biproportional method, commonly called the RAS technique in the...
Persistent link: https://www.econbiz.de/10005484929