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Dynamic multipliers for a regional input-output model

Liew, Chong K.

Abstract Regional multiplier is a very useful and popular tool in economic study of a region. However, conventional regional multiplier derived from a static input-output model fails to provide time path of the impact over period. In many cases, it restricts the impact within a year period. To alleviate the problem, this paper introduces a regional dynamic multiplier which makes the impact to spread out over period. In the absence of the technical change, each period multiplier added up to the static multiplier. Utilizing Oklahoma data, the paper estimates the capital coefficients and the dynamic multipliers of Oklahoma regional economy. Finally, it provides a comparative study of dynamic multipliers for various industries.

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Dynamic multipliers for a regional input-output model

Liew, Chong K.

Abstract Regional multiplier is a very useful and popular tool in economic study of a region. However, conventional regional multiplier derived from a static input-output model fails to provide time path of the impact over period. In many cases, it restricts the impact within a year period. To alleviate the problem, this paper introduces a regional dynamic multiplier which makes the impact to spread out over period. In the absence of the technical change, each period multiplier added up to the static multiplier. Utilizing Oklahoma data, the paper estimates the capital coefficients and the dynamic multipliers of Oklahoma regional economy. Finally, it provides a comparative study of dynamic multipliers for various industries.

Dynamic multipliers for a regional input-output model

Liew, Chong K.

Abstract Regional multiplier is a very useful and popular tool in economic study of a region. However, conventional regional multiplier derived from a static input-output model fails to provide time path of the impact over period. In many cases, it restricts the impact within a year period. To alleviate the problem, this paper introduces a regional dynamic multiplier which makes the impact to spread out over period. In the absence of the technical change, each period multiplier added up to the static multiplier. Utilizing Oklahoma data, the paper estimates the capital coefficients and the dynamic multipliers of Oklahoma regional economy. Finally, it provides a comparative study of dynamic multipliers for various industries.

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Title:

Dynamic multipliers for a regional input-output model

Contributors:

Liew, Chong K. (author)

Published in:

The Annals of Regional Science ; 11

Publication date:

1977

ISSN:

DOI:

https://doi.org/10.1007/BF01287772

Type of media:

Article (Journal)

Type of material:

Print

Language:

English

Keywords:

Regionalökonomik , Kommunalpolitik , Umweltforschung , Regionalforschung , Regionalwissenschaft , Regionalentwicklung , Städtebau , Zeitschrift , Stadtentwicklung , Raumordnung , Umweltwissenschaften

Classification:

BKL: 74.72 Stadtplanung, kommunale Planung / 83.64 Regionalwirtschaft / 74.12 Stadtgeographie, Siedlungsgeographie
Local classification TIB: 770/3010

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