Metropolitan and state economic regions (master) model: regional economic response to national policy

Technical Report · Tue Jun 01 04:00:00 EDT 1982

OSTI ID:5190772

Scott, M J; Adams, R C

This multiregional economic model, can forecast: (1) regional activity, and (2) regional economic changes caused by economic changes outside the region. Examples forecast industrial output in a Portland, Oregon standard metropolitan statistical area (SMSA) and the change in industrial output in Portland caused by a change in the price of energy or development of a large energy project. The econometric approach was chosen because of flexibiity required for accuracy and its reasonable cost. A typical disadvantage of this approach is offset because of its access to the data collected as a result of an uncompleted READ project. The remainder of this report on the MASTER model is divided into three sections: literature review; model development; and application of the model. MASTER consists of six sets of equations for: (1) industrial and commercial output; (2) employment; (3) wage rages; (4) labor market clearing; (5) population; and (6) income.

• Research Organization: Pacific Northwest Lab., Richland, WA (USA)
• DOE Contract Number: AC06-76RL01830
• OSTI ID: 5190772
• Report Number(s): PNL-SA-10541; CONF-820726-2; ON: DE82018847
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
293000* -- Energy Planning & Policy-- Policy
Legislation
& Regulation
CHARGES
COMPUTER CODES
DATA
DATA COMPILATION
ECONOMETRICS
ECONOMIC ANALYSIS
ECONOMIC IMPACT
ECONOMICS
EMPLOYMENT
ENERGY POLICY
ENERGY SOURCE DEVELOPMENT
FORECASTING
GOVERNMENT POLICIES
INCOME
INFORMATION
INPUT-OUTPUT ANALYSIS
LOCAL GOVERNMENT
M CODES
MARKET
MATHEMATICAL MODELS
NATIONAL GOVERNMENT
NATIONAL ORGANIZATIONS
NUMERICAL DATA
POPULATION DYNAMICS
REGIONAL ANALYSIS
STATE GOVERNMENT
URBAN AREAS
US DOE
US ORGANIZATIONS