City-REDI will be holding a series of webinars over the next few months, details can be found below. Next up in the series is Peter Batey, Emeritus Professor of Town and Regional Planning, University of Liverpool:
The Batey-Madden model: forty years and counting (or should that be multiplying (?!)
Date: Wednesday, May 20th, 1:00-2:00 pm (UK time) on Zoom
Back in 1980, two young planning lecturers at Liverpool University were proudly celebrating the publication of their first publication in a leading regional science journal:
“Achieving Consistency in Demographic-Economic Forecasting”, Papers of the Regional Science Association, 44: 91-106.
We could hardly have imagined where this would lead: over the next forty years, the late Moss Madden and I went on to produce a substantial body of work on extended input-output models, directed towards demographic-economic forecasting and impact analysis. The so-called Batey-Madden model proved to be a rich source of analytical information, arguably much superior to that available from conventional input-output models.
In this webinar, I shall discuss a number of themes regarding the Batey-Madden model: How it came about and why; the benefit of activity-commodity frameworks in developing extended input-output models; the Batey-Madden model in simple and comprehensive forms; the importance of the household sector; and why the Batey-Madden model is still relevant today.
In a final section, I shall talk briefly about multi-regional models and the idea of using a geodemographic approach to make model output more informative.
|1-2pm||1st of July||Kristinn Hermannsson||University of Glasgow||Zoom|