A New Improvement Proposal to Estimate Regional Input–Output Structure Using the 2D-LQ Approach

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Autores principales: Buendía Azorín, José Daniel, Martínez Alpañez, Rubén, Sánchez de la Vega, María del Mar
Formato: Recurso digital
Lenguaje:inglés
Publicado: Zenodo 2023
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author Buendía Azorín, José Daniel
Martínez Alpañez, Rubén
Sánchez de la Vega, María del Mar
author_facet Buendía Azorín, José Daniel
Martínez Alpañez, Rubén
Sánchez de la Vega, María del Mar
contents <p>The use of location quotients for the estimation of regional input–output tables has been<br>found to be a useful and efficient tool to estimate intraregional production coefficients and multipliers.<br>This paper considers some regionalisation methodologies based on location quotients for the<br>estimation of input–output tables—some of which have hitherto not been analysed at the regional<br>level—and studies which one provides the best estimation (best goodness of fit). We focus the analysis<br>mainly on the accuracy of Flegg’s location quotient (FLQ) and two-dimensional location quotient<br>(2D-LQ). The analysis makes use of the multiregional input–output table for Korea for the year 2015<br>to evaluate the accuracy of the 2D-LQ method against FLQ. A novel proposal for the determination<br>of the parameters corresponding to the 2D-LQ method is presented. This proposal is evaluated<br>in Korean regions and is also applied to Spanish regions. The results obtained from the research<br>conclude the general superiority of the 2D-LQ method, thus corroborating the results of other studies<br>at the national level as well as the validity of our proposal.</p>
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id zenodo_https___doi_org_10_3390_economies11010020
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language eng
publishDate 2023
publisher Zenodo
record_format zenodo
spellingShingle A New Improvement Proposal to Estimate Regional Input–Output Structure Using the 2D-LQ Approach
Buendía Azorín, José Daniel
Martínez Alpañez, Rubén
Sánchez de la Vega, María del Mar
location quotients
FLQ; 2D-LQ; regional input–output models;
interregional trade flows;
regression analysis
<p>The use of location quotients for the estimation of regional input–output tables has been<br>found to be a useful and efficient tool to estimate intraregional production coefficients and multipliers.<br>This paper considers some regionalisation methodologies based on location quotients for the<br>estimation of input–output tables—some of which have hitherto not been analysed at the regional<br>level—and studies which one provides the best estimation (best goodness of fit). We focus the analysis<br>mainly on the accuracy of Flegg’s location quotient (FLQ) and two-dimensional location quotient<br>(2D-LQ). The analysis makes use of the multiregional input–output table for Korea for the year 2015<br>to evaluate the accuracy of the 2D-LQ method against FLQ. A novel proposal for the determination<br>of the parameters corresponding to the 2D-LQ method is presented. This proposal is evaluated<br>in Korean regions and is also applied to Spanish regions. The results obtained from the research<br>conclude the general superiority of the 2D-LQ method, thus corroborating the results of other studies<br>at the national level as well as the validity of our proposal.</p>
title A New Improvement Proposal to Estimate Regional Input–Output Structure Using the 2D-LQ Approach
topic location quotients
FLQ; 2D-LQ; regional input–output models;
interregional trade flows;
regression analysis
url https://doi.org/10.3390/economies11010020