Date of this Version

December 1993

Document Type

Discussion Paper

Publication Details

R. P. Byron, P. J. Crossman, J. E. Hurley and S. C. E. Smith (1993) Balancing Hierarchical Regional Accounting Matrices

Paper presented to the International Conference in memory of Sir Richard Stone: National Accounts, Economic Analysis and Social Statistics, Certosa di Pontignano, Siena, ITALY October 17-20, 1993

The views expressed in this paper are those of the authors and do not necessarily reflect those of the Queensland Treasury or the Queensland Government.

School of Business Discussion Paper ; No. 45, Dec. 1993

© Copyright R.P.Byron, P. J. Crossman, J. E. Hurley, S. C. E. Smith and the School of Business, Bond University



Queensland is the third largest State of the Australian Federation in terms of population and economic activity. The population of the State at December 1992 was 3,068,100 persons, or 17.5 per cent of the national population. The States of Australia have fiscal powers and responsibilities protected by the Constitution, and have been increasingly concerned with questions of economic development and growth for both their States as a whole and the regions within the States.