Authors
Peter Nijkamp, Piet Rietveld, Folke Snickars
Publication date
1987/1/1
Source
Handbook of regional and urban economics
Volume
1
Pages
257-294
Publisher
Elsevier
Description
Publisher Summary
This chapter reviews a concise survey and a set of reflections concerning current regional and multiregional economic models. The notation “current” refers to the situation around the mid-1980s. A number of reviews of multiregional economic models undertaken in the first half of the 1980s forms the primary input for this survey. The chapter provides the use of such models. Three kinds of uses are envisaged: forecasting and scenario generation, policy impact analysis, and policy generation or design. Thus, the type of regional and multiregional economic models that are given attention in the chapter are used for decision-making support. Regional economic models—to be useful—need to pass both relevance and validity tests. The relevance test addresses the issue of modeling for specific situations or adhering to theoretical stringency. Policy-makers are often keen on detailed, but partial and …
Total citations
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Scholar articles
P Nijkamp, P Rietveld, F Snickars - Handbook of regional and urban economics, 1987