The Empirical Economics Letters
Volume 5, Number 1, Page 53
January 2006
Evaluating the Impacts of Tainan
Science-Based Industrial Park on the Southern Region in Taiwan
Chun-Chu
Liu
Department
of International Business
Chang Jung
Christian University,
Taiwan, R.O.C.
Abstract: In this paper, the three
most common regional impact analysis models- Input-Output (I-O), Social
Accounting Matrix (SAM), and Computable General Equilibrium (CGE) model - were
constructed and applied to analyze the economic impact of constructing Tainan
Science-Based Industrial Park (TSBIP) locating in the Southern
Taiwan. Model results show that the impacts of the program on the
regional economy were marginal in terms of output, income, and employment. In
general, the SAM yielded the largest impact estimate followed by I-O, with the
CGE yielding the smallest change. The research results provide a valuable
reference for decision-makers in formulating industrial and regional policies,
as well as helping business managers with strategic planning.
Keywords: Input-Output Model, Social
Accounting Matrix, Computable General Equilibrium,
Taiwan, Tainan Science-Based Industrial Park
JEL classification Number: D58
[Fulltext PDF]
[Back to table of contents]