MULTIREGION:A Simulation-Forecasting Model of BEA Economic Area Population and Employment

摘要

This report documents the development of MULTIREGION — a computer model of regional and interregional socioeconomic development. The MULTIREGION model interprets the economy of each BEA economic area as a labor market, measures all activity in terms of people as members of the population (labor supply) or as employees (labor demand), and simultaneously simulates or forecasts the demands and supplies of labor in all BEA economic areas at five-year intervals. In general the outputs of MULTIREGION are intended to resemble those of the Water Resource Council's OBERS projections and to be put to similar planning and analysis purposes.nThe report has been written at two levels to serve the needs of multiple audiences. The body of the report serves as a fairly nontechnical over-view of the entire MULTIREGION project;a series of technical appendixes provide detailed descriptions of the background empirical studies of births, deaths, migration, labor force participation, natural resource employment, manufacturing employment location and local service employment used to construct the model.