Abstract
ABSTRACT The development of energy resources has significant effects on a regional economic system, two alternative approaches can be followed once u regional input‐output analysis framework has been chosen to provide the modelling background for the evaluation of energy‐related impacts. The first deals with the evaluation of changes in economic activity and employment due to energy development, through the utilisation of the basic input‐output framework and the consideration of detailed labour and material requirements. The second copes with the integration of energy with the other regional economic activities and provides the possibility to consider structural changes, in the regional economic system.Both approaches are applied to a region of Greece with a promising energy potential. The first approach should he considered as an initial and very useful step in the impact analysis process. Concerning the second approach, it was clear that the dynamic dosed model, with respect to households, is the best formulation for regional energy and economic policy purposes.
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