6533b82ffe1ef96bd1295cb0
RESEARCH PRODUCT
Estimating Regional Input Coefficients and Multipliers: The Use of FLQ is Not a Gamble
Anthony T. FleggTimo Tohmosubject
ta51105 social sciences0211 other engineering and technologiesGeneral Social Sciences021107 urban & regional planning02 engineering and technologylocation quotientsSet (abstract data type)FLQ formulaRegional studies0502 economics and businessStatisticsmultipliersEconomic base analysista519050207 economicsValue (mathematics)QuotientFinlandregional input–output tablesGeneral Environmental ScienceMathematicsdescription
Flegg A. T. and Tohmo T. Estimating regional input coefficients and multipliers: the use of FLQ is not a gamble, Regional Studies. This paper re-examines the Finnish evidence presented by Lehtonen and Tykkylainen on the use of location quotients (LQs) in estimating regional input coefficients and multipliers. They argue that the choice of an LQ-based method is a gamble and that there is no single method that can be recommended for general use. It is contended here that this evidence is erroneous and that the FLQ (Flegg's location quotient) yields results far superior to those from competing formulae, so it should provide a satisfactory way of generating an initial set of input coefficients. The choice of a value for the parameter δ is also examined.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2014-05-30 | Regional Studies |