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This paper addresses the question whether the results of input-output (IO) impact analyses differ (and to what extent) when a framework in current prices or in constant prices is used. We consider the effect of an exogenous stimulus of final demand in current prices on (a) gross output in...
Persistent link: https://www.econbiz.de/10010317883
We consider the 10 most salient key sector measures (linkages) and identify groups of the most similar indicators on both analytical and empirical grounds. We derive new closed-form formulas for the generalized complete and partial hypothetical extraction linkages and add the...
Persistent link: https://www.econbiz.de/10010974005
The GRAS method as presented by Junius and Oosterhaven [Junius, T. and J. Oosterhaven (2003) The Solution of Updating or Regionalizing a Matrix with Both Positive and Negative Elements. <italic>Economic Systems Research</italic>, 15, 87-96] assumes that every row and every column of a matrix to be balanced has...
Persistent link: https://www.econbiz.de/10010977066
This paper addresses the question whether the results of input-output (IO) impact analyses differ (and to what extent) when a framework in current prices or in constant prices is used. We consider the effect of an exogenous stimulus of final demand in current prices on (a) gross output in...
Persistent link: https://www.econbiz.de/10010993744