Testing and implementing a new approach to estimating interregional output multipliers using input-output data for South Korean regions
Abstract
Flegg's location quotient (FLQ) is a useful tool for estimating intraregional output multipliers. This paper uses it as one component when estimating interregional multipliers. Using statistical information criteria and official data for 16 South Korean regions, it is found that the best approach is to combine the FLQ with a simple trade model. The paper explains how the proposed procedure can be implemented for both multiple and individual regions, and also how a region-specific value for the unknown parameter δ in the FLQ formula can be determined. Finally, an illustrative case study of one of the regions is carried out.
Main Authors
Format
Articles
Research article
Published
2020
Series
Subjects
Publication in research information system
Publisher
Routledge
The permanent address of the publication
https://urn.fi/URN:NBN:fi:jyu-202003312595Käytä tätä linkitykseen.
Review status
Peer reviewed
ISSN
1742-1772
DOI
https://doi.org/10.1080/17421772.2020.1720918
Language
English
Published in
Spatial Economic Analysis
Citation
- Jahn, M., Flegg, A. T., & Tohmo, T. (2020). Testing and implementing a new approach to estimating interregional output multipliers using input-output data for South Korean regions. Spatial Economic Analysis, 15(2), 165-185. https://doi.org/10.1080/17421772.2020.1720918
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