THE EVALUATION OF ECONOMIC IMPACT USING REGIONAL INPUT-OUTPUT MODEL: THE CASE STUDY OF CZECH REGIONS IN CONTEXT OF NATIONAL INPUT-OUTPUT TABLES

Regional input-output analysis brings unique information about the local structure of a national economy in regional divisions. Regional analysis has several advantages compared to national input-output analysis. Firstly, it provides detailed information on the regional structure of output. Moreover, it allows researchers to quantify the impact on aggregates using regional structure. This paper follows the newly compiled regional input-output tables and the interregional flows in the Czech Republic for the year 2011. We process this unique information into the model of interregional Leontief's multipliers. This paper aims at illustrating the shock into the final consumption by employing data from the regional input-output tables. We compare the results among individual regions as well as the entire national economy through Leontief's multipliers. Moreover, we consider the impulse in the demand into the final consumption of households and final consumption of governments for the construction of buildings and infrastructure in the value of 1 bn. CZK in the Moravian - Silesian Region.