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An Aggregated Regional Economic Input-Output Analysis within a Fuzzy Environment

Beynon, Malcolm James ORCID: and Munday, Maxim C. R. ORCID: 2007. An Aggregated Regional Economic Input-Output Analysis within a Fuzzy Environment. Spatial Economic Analysis 2 (3) , pp. 281-296. 10.1080/17421770701549787

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Imprecision within economic input–output frameworks can be a problem, particularly when investigating the characteristics of defined industry sectors. This study undertakes an aggregated regional economic input–output analysis, within a fuzzy environment. The dearth of studies encompassing a fuzzy approach within input–output analysis largely concerns the problematic representation of imprecision. Results pertaining to the fuzzy output multipliers associated with each sector group are described, including possibilistic mean and variance; also identified is a specific ranking of the sector groups. Where appropriate, results are compared with those from a Monte Carlo simulation based stochastic analysis.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Subjects: H Social Sciences > H Social Sciences (General)
Q Science > QA Mathematics > QA75 Electronic computers. Computer science
Uncontrolled Keywords: Aggregated data, fuzzy set theory, input–output tables, regional analysis
Publisher: Taylor & Francis
ISSN: 1742-1772
Last Modified: 21 Oct 2022 09:51

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