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An Interregional Perspective on Aggregation Bias and Information Loss in Input-output Analysis (1990)

CROWN, WILLIAM H.

Oxford, UK : Blackwell Publishing Ltd

Growth and change 21 (1990), S. 0

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ISSN: 1468-2257

Source: Blackwell Publishing Journal Backfiles 1879-2005

Topics: Geography , Economics

Notes: This paper extends previous theorems concerning aggregation bias in single-region and national input-output models to interregional input-output (IRIO) models. The results indicate that the conditions for zero aggregation bias are more stringent in input-output models involving multiple regions. In addition, the paper derives the relationship between the information content of IRIO and national input-output accounts. The results confirm the conventional wisdom that the information content of multiple region input-output models of the U.S. economy contain more information than national input-output models.

Type of Medium: Electronic Resource

URL: http://dx.doi.org/10.1111/j.1468-2257.1990.tb00507.x

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