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Zhu, Erqian Julia; Kim, Man-Keun; Harris, Thomas R.. |
The input-output (IO) analysis explores changes in final demand through the regional economy using multipliers. However, it isn’t flexible to investigate the regional impact from the capacity limitations which are directly imposed on production, not final demand. This is because the multipliers are changing with exogenous restrictions on production. Conventionally, the IO analysis is performed assuming exogenous production restrictions being the changes in final demands or assuming the sector being exogenous sector like the final demand. If researchers or policy makers are interested in only economic impacts from production restrictions, there is no need to look into the modified multipliers. The modified multipliers should be considered when researchers... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Input-Output Analysis; Multipliers; Regional Impact Analysis; Community/Rural/Urban Development; C67; R15; R5. |
Ano: 2009 |
URL: http://purl.umn.edu/46716 |