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Estimating SFLQ-based regional input-output tables for South Korean regions

Authors: Tohmo Timo;

Estimating SFLQ-based regional input-output tables for South Korean regions

Abstract

The present study employed official input-output data for 17 regions in South Korea from 2015 to analyze the industry-specific Flegg location quotient (SFLQ) formula as a tool for estimating regional input-output tables. The paper builds on the work of Kowalewski (2015), who proposed an interesting variant of the Flegg location quotient (FLQ) by letting the value of the parameter δ in the FLQ vary across industries. The main aim of the present study was to employ Kowalewski's SFLQ formula to produce estimated regional input-output tables for South Korea and to examine the accuracy of the resulting estimates. We estimated Kowalewski's regression model for all Korean regions in 2015, something that has not previously been performed. Subsequently, we compared the regionalized SFLQ-based estimates with the official regional input-output tables produced by the Bank of Korea. We tested the accuracy of the estimations using different statistics.

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Finland
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Keywords

Economics, FLQ, sflq, Päätöksentekoa tukeva taloustiede ja talouden kilpailukyky (painoala), flq, Economic growth, development, planning, location quotients, HB1-3840, South Korea, HD72-88, Economic theory. Demography, SFLQ, Policy-Relevant Economics and Competitiveness of Economy (focus area), Taloustiede, south korea, input-output tables

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green
gold