Integrated regional econometric plus input-output modeling: Issues and opportunities

Recent research on integrated econometric+input-output modeling for regiona l economies is reviewed. The motivations for and the alternative methodolog ical approaches to this type of analysis are examined. Particular attention is given to the issues arising from multiregional linkages and spatial eff ects in the implementation of these frameworks at the sub-national scale. T he linkages between integrated modeling and spatial econometrics are outlin ed. Directions for future research on integrated econometric and input-outp ut modeling are identified. JEL classification: C51, C67, R15.