The effect of bifurcation error in small area intercommunity input-output models: An example from north central Idaho

M. Henry Robison, Michael L. Lahr

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

The economics of regional input-output model construction hinge on the cost of collecting better data versus the effect of data error on the accuracy of impact analyses. This paper considers the impact of data errors on the multipliers of a rural community and intercommunity input-output model. Estimates of sales to visitors in a tourism economy are gathered in an inexpensive and informal fashion. These sales estimates are built into input-output accounts of the community and intercommunity model. To test the impact of error, we assume the estimates are off 100 percent. We then reconstruct the models and examine the impact of error on the model's multipliers. We find that a 100 percent error in this part of the model has a generally negligible impact on community and intercommunity multipliers. The finding has important implications for the allocation of resources in the construction of community and intercommunity models.

Original languageEnglish (US)
Pages (from-to)3-18
Number of pages16
JournalJournal of Regional Analysis and Policy
Volume27
Issue number1
StatePublished - Dec 1 1997

All Science Journal Classification (ASJC) codes

  • Geography, Planning and Development
  • Political Science and International Relations
  • Management, Monitoring, Policy and Law

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