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The biproportional RAS technique has become one of the most important tools to update, regionalize, or balance input-output tables. In this note, we rigorously prove that the estimation of the intermediate transactions matrix yields the same results as the estimation of the input coefficients...
Persistent link: https://www.econbiz.de/10004982365
Recently, Oosterhaven and Stelder (2002, "Journal of Regional Science", 42, 533-543) (OS) addressed the issue of measuring the economic importance of an industry. In practice, the traditional multipliers are commonly multiplied by, for example, the outputs. According to OS, this is a misuse that...
Persistent link: https://www.econbiz.de/10005157710
Using intercountry input-output tables and disaggregated employment data, we decompose labor productivity growth between 1975 and 1985 in six Western European countries into partial effects of six determinants including changing international trade and changing final demand. To this end, new...
Persistent link: https://www.econbiz.de/10005294243
It is well known that multiplier estimates within an interindustry context may be biased when the input coefficients are stochastic. Several conditions have been derived under which the estimates were shown to be biased, all with the same sign. In contrast to these analytical results, however,...
Persistent link: https://www.econbiz.de/10005193365
Persistent link: https://www.econbiz.de/10012636091
type="main" <title type="main">ABSTRACT</title> <p>The financial crisis of 2008 not only started the Great Recession, but also set off fundamental changes in production processes, government fiscal practices, and housing. Technological progress has enabled firms to outsource and offshore parts of the production process,...</p>
Persistent link: https://www.econbiz.de/10011196500
Persistent link: https://www.econbiz.de/10011147927
In explaining the uneven spatial distribution of economic activity, urban economics, and new economic geography (NEG) dominate recent research in economics. A main difference between these two approaches is that NEG stresses the role of spatial linkages whereas urban economics does not do so. We...
Persistent link: https://www.econbiz.de/10008479718
Spatial heterogeneity at the city level is crucial for explaining local inequality. This heterogeneity will continue from a cultural perspective, an age profile perspective, and a productivity perspective. The process of catching up to the technological leader is influenced by geographic...
Persistent link: https://www.econbiz.de/10008479722
Using German district data we estimate the structural parameters of a new economic geography model as developed by Helpman (1998) and Hanson (1998, 2001a). The advantage of the Helpman-Hanson model is that it incorporates the fact that agglomeration of economic activity increases the prices of...
Persistent link: https://www.econbiz.de/10005193265