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Regional Economics Commons

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2006

Faculty & Staff Scholarship

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Full-Text Articles in Regional Economics

An Evaluation Of Method For Constructing Commodity By Industry Flow Matrices, Walter R. Schwarm, Yasuhide Okuyama, Randall Jackson Jan 2006

An Evaluation Of Method For Constructing Commodity By Industry Flow Matrices, Walter R. Schwarm, Yasuhide Okuyama, Randall Jackson

Faculty & Staff Scholarship

The lack of consistent, reliable data on interregional trade and interindustry transactions hampers complete analysis of regional models. This study implements and tests interindustry transaction flows in a national system of economic regions derived from an interregional accounting framework and initial information on interregional shipments. The method used to construct an interregional Commodity by Industry Flow matrix for the United States involves the construction of single-state SAMs. The interregional flows connecting states are estimated using a method based on the Commodity Flow Survey data published by the Bureau of Transportation Statistics, which adjusts the estimated interregional SAM to insure the …