Abstract
ABSTRACT This paper investigates the application of spatial econometrics in estimating the interregional flow matrix in multisector–multiregion input–output tables. With reasonable assumptions, it demonstrates that this application can be formulated as a modified multi-equation spatial Durbin model with missing parameters estimated via maximum likelihood. The statistical performance of the model is scrutinized and the method is illustrated using regional (NUTS-3-level) economic impact assessment simulations for Poland. The proposed non-survey method empirically built on sectoral–regional data on economic activity is widely replicable across countries with promising performance against widespread benchmarks.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.