The KFLQ revisited: estimating regional input–output tables for regions in South Korea
摘要
Our study utilizes survey-based data from 17 regions in South Korea to analyze the KFLQ formula to estimate regional input–output tables. This article builds on the work of Kwon and Choi (Ann Reg Sci 72: 561–578, 2023), who proposed an interesting variant of the FLQ by letting the CILQ adjustment in the FLQ method in situations where SLQi < 1 and SLQj < 1. The main aim of our study is to analyze Kwon and Choi’s KFLQ formula to generate regional input–output tables for South Korea 2015 and test the accuracy of the estimates it produces. As a consequence, we compare regionalized KFLQ estimates with survey-based regional input–output tables and test the accuracy of these estimates using different statistics.