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Tools for Regional Analysis

How does economic analysis at the subnational regional level differ from that at the national macroeconomy? What are the modern tools for economic analysis at the subnational regional level?

In this section, we present material on several models for economic analysis at the subnational regional level currently used by a wide range of authorities from city and state governments to the European Commission. A survey of the more traditional models (e.g. shift-share analysis, input-output, and economic base models) is presented, along with several recent developments in CGE modeling for regions and current applications.