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Early efforts to endogenize consumption and hence to model the inter-relationships between production structures and income distribution via multiplier models are reviewed in this paper. It is suggested that, unlike the multipliers in Pyatt et al. (1973), the so-called Miyazawa multipliers...
Persistent link: https://www.econbiz.de/10005484983
A model of the household in which production and consumption activities are not separable is developed in order to provide micro-economic foundations for an alternative to the standard approach to poverty analysis. The alternative suggests that socio-economic groups and their respective...
Persistent link: https://www.econbiz.de/10005451831
The decomposition of a matrix multiplier derived from a social accounting matrix (SAM) by Pyatt and Round [(1979). Accounting and Fixed Price Multipliers in a Social Accounting Matrix Framework. <italic>Economic Journal</italic>, 89, 850--873] has prompted a number of subsequent applications. In one of the...
Persistent link: https://www.econbiz.de/10010977075
Some relationships between the T-accounting format for presenting commodity balances; input-output (IO) tables; and social accounting matrices are discussed in this paper. The starting point is to recognize that IO tables do not contain all the information that is needed to complete a social...
Persistent link: https://www.econbiz.de/10009223194