STRUCTURAL CHANGE IN A REGIONAL ECONOMY: AN ENTROPY DECOMPOSITION APPROACH.

Randall W. Jackson, Geoffrey J.D. Hewings

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Further work is reported on the use of Theil's (1972) entropy decomposition methodology applied to the problem of selecting critical components of a system for the purposes of updating a model is reported. The 'information gain' occasioned by changes in structure from time t to t plus n is used to identify the order in which submatrices in the system need be resurveyed to ensure a model which will have an acceptable level of holistic accuracy at time t plus n. The Washington State interindustry data for 1963, 1967 and 1972 are used in the experiments.

Original languageEnglish (US)
Title of host publicationModeling and Simulation, Proceedings of the Annual Pittsburgh Conference
PublisherISA
Pages451-455
Number of pages5
ISBN (Print)0876648308
StatePublished - Dec 1 1984
Externally publishedYes

Publication series

NameModeling and Simulation, Proceedings of the Annual Pittsburgh Conference

ASJC Scopus subject areas

  • Engineering(all)

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