Regional Input-Output Tables and the FLQ Formula: A Case Study of Finland

Flegg, Anthony T.; Tohmo, Timo

Abstract

Flegg A. T. and Tohmo T. Regional input - output tables and the FLQ formula: a case study of Finland, Regional Studies. This paper examines the use of location quotients (LQs) in constructing regional input - output tables. Its focus is on the modified FLQ formula proposed by Flegg and Webber in 1997. Using data for twenty Finnish regions of widely different size, a regression model is developed to assist in the selection of a value for the unknown parameter δ in this formula. It is found that the FLQ yields results far superior to those from standard LQ-based formulae. The FLQ-based initial set of regional input coefficients could be used to build the non-survey foundations of a hybrid model or as part of the RAS procedure. © 2013 Copyright Regional Studies Association.

• Journal Article Type: Article
• Publication Date: Jan 1, 2013
• Publicly Available Date: Jun 7, 2019
• Journal: Regional Studies
• Print ISSN: 0034-3404
• Electronic ISSN: 1360-0591
• Publisher: Taylor & Francis (Routledge)
• Peer Reviewed: Not Peer Reviewed
• Volume: 47
• Issue: 5
• Pages: 703-721
• DOI: https://doi.org/10.1080/00343404.2011.592138
• Keywords: regional input-output tables, Finland, FLQ formula, location quotients, input coefficients, multipliers, hybrid models
• Public URL: https://uwe-repository.worktribe.com/output/937988
• Publisher URL: http://dx.doi.org/10.1080/00343404.2011.592138
• Related Public URLs: http://carecon.org.uk/DPs/1005.pdf
• Additional Information: Additional Information : Published online first 25 Aug 2011