Regional economic impacts of events: A comparison of methods
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | Regional economic impacts of events: A comparison of methods | |
| Creator | Van Wyk, Lukas Saayman, Melville Rossouw, Riaan Saayman, Andrea | |
| Description | The purpose of this paper is to provide an overview and comparison of three related methods for modelling the short-run economic impact of events, namely the partial Input-Output (I-O), Social Accounting Matrix (SAM) and Computable General Equilibrium (CGE) models. An analysis of strengths and limitations of these different methods suggests that it may be considerations such as the underlying assumptions specific to each model, data collection, expected output, research objectives, and costs involved that determine the choice of modelling framework. Data from surveys conducted at the Aardklop National Arts Festival during 2010 were used in the comparative analyses, which were executed by means of two regional (i.e. provincial-level) models and one small-region (i.e. place-specific) model constructed for the small town. | |
| Publisher | AOSIS Publishing | |
| Date | 2015-05-28 | |
| Identifier | 10.4102/sajems.v18i2.593 | |
| Source | South African Journal of Economic and Management Sciences; Vol 18, No 2 (2015); 155-176 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/593/537
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