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

Flegg, Anthony T.; Tohmo, Timo

Authors

Anthony T. Flegg tony.flegg@uwe.ac.uk

Timo Tohmo



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.

Citation

Flegg, A. T., & Tohmo, T. (2013). Regional Input-Output Tables and the FLQ Formula: A Case Study of Finland. Regional Studies, 47(5), 703-721. https://doi.org/10.1080/00343404.2011.592138

Journal Article Type Article
Publication Date Jan 1, 2013
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Peer Reviewed Not Peer Reviewed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

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