Author : Michael L. Lahr
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Book Synopsis A Strategy for Producing Hybrid Regional Input-Output Tables by : Michael L. Lahr
Download or read book A Strategy for Producing Hybrid Regional Input-Output Tables written by Michael L. Lahr and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hybrid input-output models combine nonsurvey techniques for estimating regional direct requirements tables with superior data, which are obtained from experts, surveys, and other reliable sources (primary or secondary). Such data can be added at any stage of model construction. To date, hybrid model production has been defined only in very general terms. In a 1993 paper in the journal Economic Systems Research, I have pointed out directions that could prove fruitful in developing a more detailed approach. I start the paper by searching for an approach that recognizes critical portions of input-output models that are ripe for survey work or the collection of other superior data. This search begins with a review of existing measures that identify sectors that are most critical to the accuracy of the Leontief inverse. I next compare these measures for their ability to predict sectors critical to the survey-based 1972 Washington State Input-Output Table. In the third section, I combine the findings of the second section with that of other literature to develop a quasi-complete superior-data search strategy for producing hybrid regional input-output tables. In a fourth section, I test the strategy by employing the 1972 Washington State input-output table. Tests are of models both closed and open with respect to households. Following this, I conclude with implications of the findings.
