Adapting synthesized input-output models for small natural resource-based regions: a case study

Synthesized input-output has become the method of choice for estimating indirect economic impacts of regional agriculture and resource policy changes. Synthesized models trade off survey based 1-0 accuracy for less expense and timely response. Without adjustment, synthesized models may be more appro...

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Bibliographic Details
Published in:Society & natural resources 1998-06, Vol.11 (4), p.387-399
Main Authors: McKean, J.R. (Colorado State University, Fort Collins, CO.), Taylor, R.G, Alward, G, Young, R.A
Format: Article
Language:English
Subjects:
AGRICULTURA
AGRICULTURAL POLICIES
AGRICULTURE
COMPORTAMIENTO ECONOMICO
COMPORTEMENT ECONOMIQUE
DESARROLLO REGIONAL
DEVELOPPEMENT REGIONAL
ECONOMIC BEHAVIOUR
ECONOMIC IMPACT
POLITICA AGRICOLA
POLITIQUE AGRICOLE
REGIONAL DEVELOPMENT
RURAL AREAS
RURAL ECONOMY
Synthetic input-output
ZONAS RURALES
ZONE RURALE
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Summary:Synthesized input-output has become the method of choice for estimating indirect economic impacts of regional agriculture and resource policy changes. Synthesized models trade off survey based 1-0 accuracy for less expense and timely response. Without adjustment, synthesized models may be more appropriate for large urban areas versus applications in small rural economies. Natural resource extraction, energy sectors, and agriculture present unique data problems requiring extra attention. Deficiencies common to many synthesized models are discussed and practical modifications are illustrated and applied to a case study synthesized model in northwestern Colorado.
ISSN:0894-1920
1521-0723
DOI:10.1080/08941929809381089