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- W187645440 abstract "Multiregional input-output models have been discussed for many years, but their implementation has been rare. The limitations are mostly because of the difficulty of adding spatial detail representing trade flows between the 50 states. Since 1993, however, Commodity Flow Survey (CFS) data have been widely used, but these data have several inherent problems. The most serious ones are that the CFS does not report trade flows below the state level and also they are not the complete trade flows even between the states. To construct trade flows as the basic data set for a U.S. interstate MRIO, there have recently been various attempts to estimate interregional trade flows based on the 1997 CFS. However, the common problem with the all of these trials is that there has been too little attention paid to the problems of estimating trade flows among the service sectors. In the modern information economy, this is a serious omission. Therefore, this research addresses new approaches to relaxing the assumption of no interstate trade in services and, instead, proposes estimates of interstate trade flows for the service sectorss. Using Geographically Weighted Regressions (GWR) econometric analysis, this study proposes and implements a sequence of computational and spatial econometric steps for estimating interstate trade flows for the major service sectors required for implementing a U.S. interstate MRIO model. Furthermore, the approach can be expanded to examine the economic relationships between sub-state level areas, as well as to forecast future trade flows. JEL Classification: C31, R12, R15, L8, L9" @default.
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- W187645440 date "2007-01-01" @default.
- W187645440 modified "2023-10-06" @default.
- W187645440 title "Estimation of State-by-State Trade Flows for Service Industries" @default.
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