Showing 1 - 9 of 9
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 and extensions have been developed that exploit its informational content, both at the national and regional levels....
Persistent link: https://www.econbiz.de/10010624860
In general terms, key sectors analysis aims at identifying and quantifying the economic impact of a sector in a given economy. For a sector, we mean here either an industry or a region, or even a cluster of them. Quite a few measures and methodologies of varied complexity have been proposed in...
Persistent link: https://www.econbiz.de/10005484989
This paper provides a new reading of a classical economic relation: the short-run Phillips curve. Our point is that, when dealing with inflation and unemployment, policy-making can be understood as a multicriteria decision-making problem. Hence, we use so-called multiobjective programming in...
Persistent link: https://www.econbiz.de/10010977073
We explain in this work why a straight calibration to published input-output or SAM data in multisectoral modelling may lead to the use of an incorrect representation of the productive technology, hence casting doubts on the value of the empirical results. The culprit is the possible presence of...
Persistent link: https://www.econbiz.de/10005451798
This year marks the 25th anniversary of the International Input--Output Association and the 25th volume of <italic>Economic Systems Research</italic>. To celebrate this anniversary, a group of eight experts provide their views on the future of input--output. Looking forward, they foresee progress in terms of...
Persistent link: https://www.econbiz.de/10010977057
We reconsider in this paper the alleged implausibility of Ghosh's model and we do so reformulating the model to incorporate an alternative closure rule. Our proposed closure rule is in line with the original allocation rules defined by A. Ghosh. The closure solves, to some extent, the...
Persistent link: https://www.econbiz.de/10010977067
We show how to calibrate CES production and utility functions when indirect taxation affecting inputs and consumption is present. These calibrated functions can then be used in computable general equilibrium models. Taxation modifies the standard calibration procedures since any taxed good has...
Persistent link: https://www.econbiz.de/10004966761
Within the standard linear framework, a methodology, formally similar to the labour theory of value, is proposed to compute the direct and indirect commodity contents of any produced good. The proposal is then compared with the more familiar social accounting matrix (SAM) accounting procedure,...
Persistent link: https://www.econbiz.de/10009224099
Persistent link: https://www.econbiz.de/10009278596