Edited by Harry W. Richardson, Jiyoung Park, James E. Moore II and Qisheng Pan
The primary purpose of this book has been to develop a version of a multiregional input-output (MRIO) model for the US economy as a whole. The model has a moderate degree of sectoral aggregation (47 sectors aggregated from more than 500). The key focus has been on spatial disaggregation with each of the 50 states featured plus Washington, DC and the ‘Rest of the world’. The model (National Interstate Economic Model–NIEMO) was built quite recently, beginning about nine years ago. The extensive geographical disaggregation permitted us to develop a highway network for the model that made it possible to investigate transportation issues. We placed the conceptual and methodological components of the model in Chapter 2. This permits regional scientists and economists to evaluate how the model was built, and to spare the practicing planners (if they so desire) from having to deal with complex model details, enabling them to focus on the applications of the model and their policy implications. An interesting feature of the model is that it did not require primary data collection, except from the perspective of estimating direct (final demand) inputs for each case study application. However, the model required complex construction of connections and bridges between multiple and different data sets. However, once developed, the model is very adaptable to a wide range of applications, in this book primarily in terms of terrorist attacks and natural disasters.
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