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An extension of the hypothetical extraction method to a general equilibrium setting is considered. This has the advantage of re-interpreting output changes as efficiency gains or losses, which may be of use in identifying “key” sectors in an interconnected economy. The categorization may be...
Persistent link: https://www.econbiz.de/10010774419
Identifying key sectors or key locations in an interconnected economy is of paramount importance for improving policy planning and directing economic strategy. Hence the relevance of categorizing them and hence the corresponding need of evaluating their potential synergies in terms of their...
Persistent link: https://www.econbiz.de/10005823998
Recently there has been a renewed research interest in the properties of non survey updates of input-output tables and social accounting matrices (SAM). Along with the venerable and well known scaling RAS method, several alternative new procedures related to entropy minimization and other...
Persistent link: https://www.econbiz.de/10005168465
Recently there has been a renewed research interest in the properties of non-survey updates of input-output tables and social accounting matrices (SAM). Along with the well-known scaling RAS method, new procedures related to entropy minimization and other metrics have been suggested, tested, and...
Persistent link: https://www.econbiz.de/10010547783
This paper explores the capacity of computable general equilibrium (CGE) models to track down policy induced economic changes and their ability to generate contrastable data for an economy. Starting from an empirically built regional Social Accounting Matrix (SAM), a first stage CGE calibrated...
Persistent link: https://www.econbiz.de/10009416960
Multiplier analysis based upon the information contained in Leontief's inverse is undoubtedly part of the core of the input-output methodology and numerous applications an extensions have been developed that exploit its informational content. Nonetheless there are some implicit theoretical...
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