
Regional Input-Output Models
Regional Input-Output Models are analytical tools that measure how different industries within a specific area, like a city or region, interact economically. They track how the production of goods and services in one sector influences others—for example, how a car factory's demand for steel affects steel suppliers and workers. By analyzing these relationships, the model helps understand the flow of money, jobs, and resources within the region, supporting decision-making for economic planning, growth strategies, and assessing the impact of policies or investments on the local economy.