Integrated input-output and econometric models are often claimed to be superior to either input-output or econometric models alone by virtue of capturing supply and demand interactions. This claim is examined by considering the structure of existing integrated models. It was found that existing...

This paper addresses the issue of wage specification in interregional econometric models. Several shortcomings in commonly used regional wage specifications are demonstrated, and a new inter-regional wage specification is developed. It is based on a wage transmission variable that is simple to...