Wrapping input–output multipliers in confidence intervals
Robert Stehrer,
José Manuel Rueda-Cantuche (),
Antonio Amores and
David Zenz
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José Manuel Rueda-Cantuche: European Commission’s Joint Research Centre-JRC
Journal of Economic Structures, 2024, vol. 13, issue 1, 1-22
Abstract:
Abstract Input–output multipliers are typically calculated as point estimates of the Leontief quantity model. From the previous literature, they can also be estimated (and their confidence intervals) directly from establishments’/industries’ inputs and outputs data by running an appropriate econometric regression. However, previous contributions relied on analyses carried out for 1 single year, one country/region and a reduced number of degrees of freedom. This paper tests the robustness of the previous literature by using instead a time series of large-scale inter-country supply, use and input–output database with more than one country and more than 1 year, as well as panel data econometrics.
Keywords: Supply-use based econometric multipliers; World input–output tables; Confidence intervals; Impact analysis; Panel data econometrics (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:jecstr:v:13:y:2024:i:1:d:10.1186_s40008-024-00331-4
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DOI: 10.1186/s40008-024-00331-4
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