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6 - Multipliers in the Input–Output Model

Published online by Cambridge University Press:  06 January 2022

Ronald E. Miller
Affiliation:
University of Pennsylvania
Peter D. Blair
Affiliation:
George Mason University
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Summary

Chapter 6 examines a number of key summary analytical measures known as multipliers that can be derived from input–output models to estimate the effects of exogenous changes on (1) new outputs of economic sectors, (2) income earned by households resulting from new outputs, and (3) employment generated from new outputs, (4) value-added generated by production, or (5) energy and environmental effects. The general structure of multiplier analysis and special considerations associated with regional, IRIO, and MRIO models are developed. Extensions to capture the effects of income generation for various household groups are explored, as well as additional multiplier variants. Chapter appendices expand on mathematical formulations of household and income multipliers.

Type
Chapter
Information
Input-Output Analysis
Foundations and Extensions
, pp. 238 - 288
Publisher: Cambridge University Press
Print publication year: 2022

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References

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