Papers of the Regional Science Association

, Volume 69, Issue 1, pp 21–30 | Cite as

Dynamic regional multipliers and the economic base: An application of applied econometric techniques

  • Derek Bond
Applied Time Series Analysis


This paper considers recent developments in econometrics that have helped to resolve the apparent dichotomy between time-series analysis and dynamic econometrics. In particular, the paper shows how the concepts of cointegration and error-correction models can be used in the estimation of dynamic regional multipliers. Using the results of a pilot study for Northern Ireland it is shown how the techniques provide a new method for estimating the economic base, and an encompassing approach to early conflicting results.


Pilot Study Conflicting Result Economic Base Econometric Technique Encompassing Approach 
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Copyright information

© The Regional Science Association 1989

Authors and Affiliations

  • Derek Bond
    • 1
  1. 1.ESRC Northern Ireland Regional Research LaboratoryBelfastUK

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