Evaluating the FLQ and AFLQ formulae for estimating regional input coefficients: empirical evidence for the province of Córdoba, Argentina

• Autores: Flegg, Anthony; Mastronardi, Leonardo; Romero, Carlos Adrián
• Año de publicación: 2015
• Idioma: inglés
• Tipo de recurso: artículo
• Materia: Regional Input-Output Tables; Argentina; Location Quotients; Flq-Aflq
• Institución: Consejo Nacional de Investigaciones Científicas y Técnicas

This paper uses survey-based data of the Argentinian province of Córdoba to conduct an empirical test of the performance of the Flegg´s location quotient (FLQ) and augmented FLQ (AFLQ) formulae for estimating regional input coefficients. A comparison is made with conventional methods based on location quotients. The possibility of using prior information about the extent of self-sufficiency of particular sectors is explored. The empirical work employs a range of statistical criteria with contrasting properties, and examines performance in terms of each method´s ability to estimate regional input coefficients, output multipliers and imports. Particular attention is paid to the problem of choosing a value for the unknown parameter δ in the FLQ and AFLQ formulae. These formulae are found to give the best overall results of the non-survey methods considered in the paper. However, the AFLQ typically produces slightly more accurate results than the FLQ, in line with the findings of previous studies.
Fil: Flegg, Anthony. University of the West of England; Reino Unido
Fil: Mastronardi, Leonardo. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Argentina de la Empresa; Argentina
Fil: Romero, Carlos Adrián. Universidad Argentina de la Empresa; Argentina