Lee, Gene K.; Blakeslee, Leroy L.; Butcher, Walter R. - In: International Regional Science Review 2 (1977) 1, pp. 15-27
THIS PAPER DESCRIBES A METHOD FOR INCORPORATING EXOGENOUS PRICE CHANGES INTO INPUT-OUTPUT ANALYSIS AND THEREBY ESTIMATING THEIR IMPACT ON A REGIONAL ECONOMY. THE EMPIRICAL RESULTS DEMONSTRATE THAT WHEN THE PRICES OF WHEAT, ELECTRICITY, PETROLEUM, AND NATURAL GAS ARE INCREASED BY EXOGENOUS...
