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Increasing interest in the changing degree of interrelatedness within the industrial system and between the industrial system and the rest of the economy has given rise to the need for alternative accounting frameworks. This paper explores a number of these alternatives, and focuses in particular on social accounting systems, modified input-output frameworks, and micro-to-macro linkage systems.

The RAS technique is used to explore the possibilities for utilizing survey-based input–output models developed for one state in another state. The sensitivity of the biproportional parameters are examined in the context of a simple coefficient exchange. Finally, survey-based, RAS-derived, and random-coefficient models are compared under varying conditions of changes in final demand. The results confirm the aggregate validity of the RAS technique but question its reliability on an industry-by-industry basis.

The open nature of regional economies requires that careful attention be paid to the magnitude of intraregional interindustry relationships when decisions about the allocation of investment are made. A number of methods have been proposed for the purposes of identifying key sectors in a national economy using input–output models. This research reports on attempts to identify key sectors at the regional level using the 1963 and 1967 Washington State input–output models at various levels of aggregation. The lack of consistency of identification of key sectors by the various methods suggests that these approaches have limited utility at the regional level.

In this paper a critical review is presented of recent attempts to develop shortcut input-output-type multipliers from a variety of nonsurvey techniques. Particular attention is focused on the underlying theoretical assumptions and the dangers involved in adopting techniques which are not consistent with the underlying theoretical foundation of input-output models.

Some issues raised by Thumann in response to an earlier article by Hewings are addressed in the context of discovering efficient ways of exchanging input–output coefficients. Several extensions to the RAS procedure are reviewed; in particular, attention is focused on the issue of fixing certain coefficients prior to the application of biproportional adjustment algorithms. An appendix contains a discussion of measures which minimize the distance between two matrices.

This unique Handbook examines the impacts on, and responses to, economic geography explicitly from the perspective of the behaviour, mechanics, systems and experiences of different firms in various types of industries. The industry studies approach allows the authors to explain why the economic geography of these different industries exhibits such particular and diverse characteristics

While considerable attention has been directed to the national-level impacts of global value chains, far less attention has been focused on the way in which global production fragmentation has affected regional economies. Using some measures derived from a multiregional, multisectoral input–output model, this paper analyzes the position and share of EU regions in Global Value Chains (GVC). The spatial determinants of these two dimensions are explored using spatial econometric methods to capture the influence of neighboring regions on these outcomes. Empirically, the focus is on a set of NUTS2 European regions for the most recent year (2010) of the EUREGIO database. Our results confirm the hypothesis of spatial dependence between regions conditioning the engagement and position GVCs, suggesting that global production processes are influenced by regional and local factors. In particular, spatial spillover effects play a significant role conditioned by both geographical proximity and similarity of production structures. The results show that sharing certain characteristics, some of them associated to their degree of proximity and the neighbouring situation of regions condition their specialization, participation and positioning in GVC, generating some important insights informative for the formulation of regional development policies.