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- W101551065 abstract "Abstract The present paper offers some initial findings in an ongoing effort to isolate significant interregional patterns in economic activity. These preliminary explorations are designed to provide a partial contribution toward an ultimate situation in which an effective structure for multi-regional or “bottom up” econometric models may be promulgated. Specifically, the analysis concentrates upon a simple approach to the construction of a framework for analyzing relative cost factors as a determinant of regional employment performance. In particular, this approach is much less restrictive in its implementation than is the case with other recent efforts of a comparable nature. Initially, some basic employment functions are examined. This discussion includes the derivation of the relevant relationships and a presentation of some simulation results for the Texas economy. The investigation then proceeds to a formal exposition of a flexible methodology for capturing interregional cost patterns. In addition to the determination of standard employment results from well-known expressions for the aggregate production function, the pertinent equations are extended to incorporate such factors as a partial adjustment to equilibrium mechanism and the presence of technical progress. The essential purposes of this endeavor are (1) to suggest some tentative lines along which fruitful subsequent analyses of interregional linkages of various aspects of economic activity may be pursued and (2) to initiate a procedure for the specification of multi-regional econometric models which include a significant degree of geographic interrelationship." @default.
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- W101551065 date "1983-06-01" @default.
- W101551065 modified "2023-09-25" @default.
- W101551065 title "Some Initial Explorations of Interregional Linkages for Econometric Models" @default.
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- W101551065 doi "https://doi.org/10.1016/s1474-6670(17)62474-1" @default.
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