Titlebook: Empirical Regional Economics; Economic Base Theory Richard S. Conway Jr. Textbook 2022 The Editor(s) (if applicable) and The Author(s), und

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Intrachannel Pulse-to-Pulse Interaction,input–output tables, the estimation of the input–output transactions, and the formulation of regional input–output models. The chapter concludes with an impact analysis—calculating the economic impact of professional baseball—the most common use of regional input–output models.

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Insoluble Phase-Transfer Catalysts,ashington’s economic base, such as Boeing, Microsoft, the forest products industry, the aluminum industry, and international trade. WPSM has been replicated in other places, most notably in Hawaii, where it is still in use four decades later, and the Chicago Region. This chapter describes the formul

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Economic Base Theory of Regional Growthf the economic base model, a simple but powerful means of explaining and forecasting the process of regional economic growth. Fundamentally, the model rests on two propositions: the ability to produce goods and services for export is the key to regional economic growth; and the principal factors of

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Economic Base Theory Empirical Evidence of the state and regional economies is largely consistent with the economic base theory of regional growth. Various studies have shown that, because a region is “open” to its external economic environment, exports are a key to economic growth, people tend to follow jobs, and the unemployment rate,

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Structural Time-Series Modelions. The model generates quarterly forecasts over two and ten-year periods. Since 1993 the forecasts have been reported in ., a quarterly newsletter on the regional economy. Principal variables predicted by the model include personal income, employment (18 categories), the unemployment rate, the co

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U. S. and World Economy the region hinges in no small way on the performance of the U.S. and foreign markets. Since the United States is the largest export market for most domestic regions, it is not surprising that regional economies tend to rise and fall with the national economy.

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Regional Economic Behavior and Welfareto a quantitative analysis of the theory’s basic tenets. The following case studies?present empirical observations on various aspects of regional economic behavior?and welfare. It is important to note how certain regional variables—employment, migration, population, unemployment rate, per capita inc