A CONVENIENT MULTISECTORAL POLICY CONTROL FOR ICT IN THE US ECONOMY

Through the application of the Macro Multiplier (MM) approach on an Input-Output matrix for US economy in year 2005, the paper identifies the 'convenient' structure of a policy control on final demand, oriented to a particular policy objective. The approach quantifies a set of aggregated scale effects, called MM, and the associated structures of both policy and objective variables. In this way the policy maker can both get a complete picture of the patterns of the objective that can be attained and determine a 'convenient' structure of the policy variable that compels the model towards those patterns. Copyright © 2009 The Authors. Journal compilation © 2009 Blackwell Publishing Ltd.