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Long-Range Forecasting with a Regional Input-Output Model

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Abstract

For some planning purposes national forecasts are adequate. But one of the outstanding characteristics of the American economy is its geographic diversity. Certain types of economic activities — generally those serving local or regional markets — are almost ubiquitous. But other sectors serve national markets, and within these sectors there is considerable regional specialisation. This specialisation provides the rationale for regional input-output studies.

Keywords

Final Demand Trade Pattern Location Quotient Input Coefficient Regional Table 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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© Palgrave Macmillan, a division of Macmillan Publishers Limited 1970

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