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Working Paper
Forecasting structural change with a regional econometric input-output model
The sophistication of regional economic models has been demonstrated in several ways, most recently in the form of linking several modeling systems or in the expansion in the number of equations that can be manipulated successfully to produce impact analyses or forecasts. In this paper, an alternative perspective is employed. What do regional macro-level forecasts indicate about the process of structural change? A new methodology is illustrated that enables analysts to make forecasts of detailed structural change in the interindustry relations in an economy. Using a regional ...
Working Paper
Forecasting with regional input-output tables
Working Paper
Financing elementary and secondary education in the 1990s: a review of the issue
This paper reviews the common issues that surround the school financing debate. These include; how much to spend; how equitable the spending; what revenue sources are desirable; and what level of government should be responsible for funding education. The paper describes the most common state programs designed to reduce school financing disparities including foundation programs, flat and matching grants, guaranteed tax base, cost equalizing, need equalizing and power equalizing. The paper also reviews the immediate education financing issues and current funding approaches used by the five ...