Input—Output Coefficients and Multipliers from a Total-Flow Perspective
J M Szyrmer
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J M Szyrmer: Regional Science Department, 130 McNeil Building, University of Pennsylvania, Philadelphia, PA 19104-6209, USA
Environment and Planning A, 1992, vol. 24, issue 7, 921-937
Abstract:
In this paper a framework for computing input—output coefficients and multipliers is considered which draws upon the so-called total-flow approach. The total-flow indicators express the total effect of a change in gross output rather than in final-demand deliveries. It is shown that these indicators significantly differ from their final-demand counterparts in their absolute values and in their ranking of input—output sectors. It is demonstrated that the final-demand-based coefficients and multipliers fail to express an overall effect of an industrial activity (economic sector) and caution must be used in their empirical applications and interpretations.
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:24:y:1992:i:7:p:921-937
DOI: 10.1068/a240921
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