ELASTICITIES: SUPPLEMENTARY STATISTICS FROM INTERINDUSTRY STUDIES

Harry W. Ayer and James Baskett

Western Journal of Agricultural Economics, 1978, vol. 03, issue 01, 6

Abstract: Elasticities are developed to incorporate both a sector's multiplier impact and its initial relative size to give a better estimator of the sector's importance to a region's economy. A current, empirical example of the differences between multipliers and elasticities, and their use in policy is given. Elasticities, compared to multipliers, are also often easier to employ in analysis because they are used with more readily available and comprehended data.

Keywords: Community/Rural/Urban; Development (search for similar items in EconPapers)
Date: 1978
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32401

DOI: 10.22004/ag.econ.32401

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