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Regional input-output multipliers without a full I-O table
Abstract This paper describes a new procedure for computing approximate interindustry multipliers which can be used for specific industries if the proportion of that industry's purchases from within the region is known and if the average intraregional proportion of purchases is known for all industries within the region. The result is that with very limited information the output multipliers can be approximated rather closely. The paper discusses the rationale of the procedure and provides empirical evidence that it does provide close approximations of the multipliers computed from full I-O tables. It is also demonstrated that the procedure can be extended to make estimates of income multipliers and is suggested that employment and other multipliers can also be estimated using the procedures demonstrated.
Regional input-output multipliers without a full I-O table
Abstract This paper describes a new procedure for computing approximate interindustry multipliers which can be used for specific industries if the proportion of that industry's purchases from within the region is known and if the average intraregional proportion of purchases is known for all industries within the region. The result is that with very limited information the output multipliers can be approximated rather closely. The paper discusses the rationale of the procedure and provides empirical evidence that it does provide close approximations of the multipliers computed from full I-O tables. It is also demonstrated that the procedure can be extended to make estimates of income multipliers and is suggested that employment and other multipliers can also be estimated using the procedures demonstrated.
Regional input-output multipliers without a full I-O table
Burford, Roger L. (author)
1977
Article (Journal)
English
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