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xxiv | |
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xxvi | |
Preface |
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xxxi | |
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1 Introduction and Overview |
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1 | (9) |
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1 | (1) |
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1.2 Input--Output Analysis: The Basic Framework |
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2 | (1) |
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1.3 Outline for This Text |
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3 | (6) |
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1.4 Internet Website and Text Locations of Real Datasets |
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9 | (1) |
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9 | (1) |
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2 Foundations of Input--Output Analysis |
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10 | (53) |
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10 | (1) |
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2.2 Notation and Fundamental Relationships |
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10 | (11) |
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2.2.1 Input--Output Transactions and National Accounts |
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13 | (2) |
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2.2.2 Production Functions and the Input--Output Model |
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15 | (6) |
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2.3 An Illustration of Input--Output Calculations |
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21 | (11) |
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2.3.1 Numerical Example: Hypothetical Figures -- Approach I |
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21 | (1) |
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Impacts on Industry Outputs |
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21 | (3) |
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24 | (2) |
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2.3.2 Numerical Example: Hypothetical Figures -- Approach II |
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26 | (1) |
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2.3.3 Numerical Example: Mathematical Observations |
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27 | (2) |
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2.3.4 Numerical Example: The US 2003 Data |
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29 | (3) |
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2.4 The Power Series Approximation of (I --- A)--1 |
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32 | (3) |
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2.4.1 A Note on Computer Speeds and Capacities |
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32 | (1) |
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2.4.2 The Power Series Approximation |
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33 | (2) |
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2.5 Open Models and Closed Models |
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35 | (7) |
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42 | (13) |
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42 | (1) |
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2.6.2 Physical versus Monetary Transactions |
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43 | (1) |
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2.6.3 The Price Model Based on Monetary Data |
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44 | (2) |
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2.6.4 Numerical Examples Using the Price Model Based on Monetary Data |
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46 | (1) |
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Example 2.1 Base Year Prices |
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46 | (1) |
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Example 2.2 Changed Base Year Prices |
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47 | (1) |
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48 | (1) |
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2.6.6 The Price Model Based on Physical Data |
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48 | (1) |
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49 | (2) |
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Relationship between A and C |
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51 | (1) |
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2.6.7 Numerical Examples Using the Price Model Based on Physical Data |
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51 | (1) |
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Example 2.3 Base Year Prices |
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51 | (1) |
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Example 2.4 Changed Base Year Prices |
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52 | (1) |
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2.6.8 The Quantity Model Based on Physical Data |
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52 | (2) |
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2.6.9 A Basic National Income Identity |
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54 | (1) |
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55 | (1) |
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Appendix 2.1 The Relationship between Approaches I and II |
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56 | (1) |
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Appendix 2.2 The Hawkins--Simon Conditions |
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56 | (4) |
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60 | (3) |
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3 Input--Output Models at the Regional Level |
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63 | (49) |
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63 | (2) |
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65 | (5) |
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3.2.1 National Coefficients |
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65 | (2) |
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3.2.2 Regional Coefficients |
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67 | (2) |
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3.2.3 Closing a Regional Model with Respect to Households |
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69 | (1) |
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3.3 Many-Region Models: The Interregional Approach |
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70 | (12) |
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3.3.1 Basic Structure of Two-Region Interregional Input--Output Models |
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72 | (3) |
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3.3.2 Interregional Feedbacks in the Two-Region Model |
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75 | (2) |
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3.3.3 Numerical Example: Hypothetical Two-Region Interregional Case |
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77 | (4) |
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3.3.4 Interregional Models with More than Two Regions |
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81 | (1) |
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3.3.5 Implementation of the IRIO Model |
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82 | (1) |
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3.4 Many-Region Models: The Multiregional Approach |
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82 | (14) |
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3.4.1 The Regional Tables |
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82 | (3) |
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3.4.2 The Interregional Tables |
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85 | (1) |
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3.4.3 The Multiregional Model |
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86 | (2) |
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3.4.4 Numerical Example: Hypothetical Two-Region Multiregional Case |
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88 | (3) |
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91 | (1) |
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3.4.6 Numerical Example: The Chinese Multiregional Model for 2012 |
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92 | (4) |
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3.5 The Balanced Regional Model |
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96 | (5) |
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3.5.1 Structure of the Balanced Regional Model |
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96 | (4) |
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100 | (1) |
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3.6 The Spatial Scale of Regional and Interregional Models |
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101 | (3) |
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3.6.1 Cities or Smaller Areas |
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102 | (1) |
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3.6.2 States or Other National Subdivisions |
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102 | (1) |
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3.6.3 Multicountry (or Multinational) Areas |
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102 | (2) |
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104 | (1) |
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Appendix 3.1 Basic Relationships in the Multiregional Input--Output Model |
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104 | (1) |
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Appendix 3.2 Sectoral and Regional Aggregation in the 2012 Chinese Multiregional Model |
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105 | (1) |
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Appendix 3.3 The Balanced Regional Model and the Inverse of a Partitioned (I -- A) Matrix |
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106 | (1) |
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107 | (5) |
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4 Organization of Basic Data for Input--Output Models |
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112 | (64) |
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112 | (1) |
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4.2 Observations on Ad Hoc Survey-Based Input--Output Tables |
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112 | (1) |
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4.3 Observations on Common Methods for Generating Input--Output Tables |
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113 | (1) |
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4.4 A System of National Economic Accounts |
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114 | (14) |
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4.4.1 The Circular Flow of Income and Consumer Expenditure |
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117 | (1) |
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4.4.2 Savings and Investment |
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118 | (2) |
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4.4.3 Adding Overseas Transactions: Imports, Exports, and Other Transactions |
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120 | (1) |
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4.4.4 The Government Sector |
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121 | (1) |
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4.4.5 The Consolidated Balance Statement for National Accounts |
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122 | (4) |
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4.4.6 Expressing Net Worth |
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126 | (2) |
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4.5 National Income and Product Accounting Conventions |
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128 | (1) |
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4.6 Assembling the Input--Output Accounts: The US Case |
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129 | (2) |
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4.7 Additional Considerations |
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131 | (12) |
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4.7.1 Secondary Production: Method of Reallocation |
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134 | (1) |
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Example 4.1 Reallocation of Secondary Production |
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135 | (1) |
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4.7.2 Secondary Production: Commodity-by-Industry Accounting |
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136 | (1) |
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Example 4.2 Commodity-by-Industry Accounts |
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136 | (1) |
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4.7.3 Reconciling with the National Accounts |
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137 | (2) |
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4.7.4 Producers' and Consumers' Prices |
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139 | (2) |
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Example 4.3 Trade and Transportation Margins |
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141 | (1) |
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4.7.5 Accounting for Imports and Exports |
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142 | (1) |
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143 | (15) |
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Example 4.4 Competitive and Non-competitive Imports |
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145 | (1) |
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Approach A Classifying Imports by Commodity |
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146 | (1) |
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Approach B Classifying Imports by Purchaser |
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147 | (1) |
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Approach C Explicit Representation of Non-competitive Imports |
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148 | (1) |
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Approach D Maintaining Separate Tables of Imported and Domestic Products |
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149 | (1) |
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149 | (1) |
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The Choice among Approaches to Representing Imports |
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150 | (1) |
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4.7.6 Removing Competitive Imports from Total Transactions Tables |
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151 | (1) |
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152 | (1) |
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152 | (1) |
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Example 4.5 Import Scrubbing |
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153 | (2) |
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Implications of the Estimating Assumptions |
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155 | (2) |
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4.7.7 Adjustments for Inventory Change |
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157 | (1) |
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4.7.8 Adjustments for Scrap |
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157 | (1) |
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4.7.9 Special Considerations for Regional and Multiregional Models |
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157 | (1) |
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158 | (1) |
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4.8 Valuation and Double Deflation |
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158 | (3) |
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Example 4.6 Double Deflation |
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159 | (2) |
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4.9 The Aggregation Problem: Level of Detail in Input--Output Tables |
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161 | (7) |
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4.9.1 Investigating Aggregation Bias |
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162 | (1) |
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4.9.2 The Aggregation Matrix |
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163 | (1) |
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Example 4.7 Sectoral Aggregation |
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164 | (2) |
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4.9.3 Measures of Aggregation Bias |
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166 | (1) |
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167 | (1) |
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167 | (1) |
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4.9.4 Spatial Aggregation Bias |
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167 | (1) |
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4.10 Harmonization of Input--Output Data |
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168 | (1) |
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169 | (1) |
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Appendix 4.1 Supplemental Discussion of Aggregation Bias |
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169 | (1) |
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169 | (7) |
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5 The Commodity-by-Industry Approach in Input--Output Models |
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176 | (62) |
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176 | (3) |
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177 | (1) |
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178 | (1) |
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5.2 The Basic Accounting Relationships |
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179 | (2) |
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5.3 Technology and Total Requirement Matrices in the Commodity-Industry Approach |
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181 | (15) |
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5.3.1 Industry Source of Commodity Outputs |
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182 | (1) |
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5.3.2 Commodity Composition of Industry Outputs |
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182 | (1) |
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5.3.3 Generating Total Requirements Matrices |
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182 | (1) |
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183 | (1) |
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184 | (1) |
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5.3.4 "Industry-Based" Technology |
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185 | (2) |
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5.3.5 "Commodity-Based" Technology |
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187 | (2) |
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5.3.6 Direct Requirements (Technical Coefficients) Matrices Derived from Basic Data |
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189 | (1) |
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5.3.7 Total Requirements Matrices |
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190 | (1) |
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Approach I Starting with Technical Coefficients |
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190 | (1) |
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Approach II Avoiding C-1 in Commodity Technology Cases |
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191 | (2) |
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Is Singularity Likely to be a Problem in Real-World Models? |
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193 | (2) |
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5.3.8 Commodity-by-Industry Configurations for Multiregional Models |
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195 | (1) |
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5.4 Numerical Examples of Alternative Direct and Total Requirements Matrices |
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196 | (1) |
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5.4.1 Direct Requirements Matrices |
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196 | (1) |
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5.4.2 Total Requirements Matrices |
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196 | (1) |
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Commodity-Demand-Driven Models |
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196 | (1) |
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Industry-Demand-Driven Models |
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196 | (1) |
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5.5 Negative Elements in the Commodity-Industry Framework |
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197 | (7) |
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5.5.1 Commodity Technology |
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197 | (1) |
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Direct Requirements Matrices |
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197 | (2) |
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199 | (1) |
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Total Requirements Matrices |
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200 | (1) |
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5.5.2 Industry Technology |
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201 | (1) |
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Direct Requirements Matrices |
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201 | (1) |
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Total Requirements Matrices |
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201 | (1) |
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5.5.3 Making a Model Choice |
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202 | (1) |
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202 | (1) |
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Dealing with Negative Values |
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203 | (1) |
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5.6 Non-square Commodity-Industry Systems |
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204 | (3) |
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5.6.1 Commodity Technology |
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205 | (1) |
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5.6.2 Industry Technology |
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206 | (1) |
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Direct Requirements Matrices |
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206 | (1) |
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Total Requirements Matrices |
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206 | (1) |
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5.7 Mixed Technology in the Commodity-Industry Framework |
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207 | (9) |
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5.7.1 Commodity Technology in V1 |
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210 | (1) |
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5.7.2 Industry Technology in V1 |
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211 | (2) |
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5.7.3 Numerical Examples with Mixed Technology Assumptions |
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213 | (1) |
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Example 5.1 Commodity Technology in V1 |
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213 | (1) |
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Example 5.2 Industry Technology in V1 |
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214 | (1) |
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5.7.4 Additional Mixed Technology Variants |
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214 | (2) |
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216 | (2) |
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Appendix 5.1 Alternative Approaches to the Derivation of Transactions Matrices |
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218 | (5) |
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A5.1.1 Industry Technology |
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218 | (1) |
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Commodity-by-Commodity Requirements |
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218 | (1) |
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Industry-by-Industry Requirements |
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219 | (1) |
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A5.1.2 Commodity Technology |
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220 | (1) |
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Commodity-by-Commodity Requirements |
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220 | (2) |
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Industry-by-Industry Requirements |
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222 | (1) |
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Appendix 5.2 Elimination of Negatives in Commodity Technology Models |
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223 | (1) |
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223 | (11) |
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223 | (1) |
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224 | (1) |
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5 × 5 Example (from Almon, 2000) |
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224 | (1) |
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A5.2.2 Approaches to Elimination of Negative Elements |
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224 | (7) |
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A5.2.3 Results of the Iterative Procedure |
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231 | (1) |
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231 | (2) |
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233 | (1) |
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233 | (1) |
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Appendix 5.3 Left and Right Inverses in Non-square Input--Output Systems |
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234 | (1) |
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235 | (3) |
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6 Multipliers in the Input--Output Model |
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238 | (51) |
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238 | (1) |
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6.2 General Structure of Multiplier Analysis |
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239 | (15) |
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240 | (1) |
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Simple Output Multipliers |
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240 | (2) |
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242 | (1) |
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Example 6.1 The US Input--Output Model for 2003 |
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243 | (1) |
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Output Multipliers in Commodity-Industry Models |
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244 | (1) |
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Commodity-Demand-Driven Models |
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245 | (1) |
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Industry-Demand-Driven Models |
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245 | (1) |
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6.2.2 Income/Employment Multipliers |
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245 | (1) |
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245 | (3) |
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Type I and Type II Income Multipliers |
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248 | (2) |
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Relationship between Simple and Total Income Multipliers or between Type I and Type II Income Multipliers |
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250 | (1) |
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251 | (1) |
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Even More Income Multipliers |
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252 | (1) |
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6.2.3 Additional (Generalized) Multipliers |
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253 | (1) |
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254 | (1) |
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6.3 Multipliers in Regional Models |
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254 | (13) |
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6.3.1 Regional Multipliers |
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256 | (1) |
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6.3.2 Interregional Input--Output Multipliers |
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257 | (1) |
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258 | (1) |
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259 | (1) |
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260 | (1) |
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260 | (1) |
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261 | (1) |
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6.3.3 Multiregional Input--Output Multipliers |
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261 | (2) |
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263 | (1) |
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263 | (1) |
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263 | (1) |
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264 | (1) |
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Final Demand for Goods Made in a Particular Region |
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264 | (1) |
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264 | (3) |
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267 | (8) |
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6.4.1 Disaggregated Household Income Groups |
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269 | (1) |
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6.4.2 Miyazawa's Derivation |
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270 | (2) |
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272 | (1) |
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6.4.4 Adding a Spatial Dimension |
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273 | (2) |
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6.5 Gross and Net Multipliers in Input--Output Models |
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275 | (6) |
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275 | (1) |
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6.5.2 Multipliers in the Net Input--Output Model |
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276 | (1) |
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277 | (1) |
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6.5.3 Additional Multiplier Variants |
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278 | (1) |
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(Indirect Effects)/(Direct Effects) |
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278 | (1) |
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"Growth Equalized" Multipliers |
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279 | (1) |
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Another Kind of Net Multiplier |
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280 | (1) |
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6.6 Multipliers and Elasticities |
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281 | (2) |
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281 | (1) |
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6.6.2 Output-to-Output Multipliers and Elasticities |
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282 | (1) |
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282 | (1) |
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282 | (1) |
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283 | (1) |
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Appendix 6.1 The Equivalence of Total Household Income Multipliers and the Elements in the Bottom Row of (I -- A)-1 |
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284 | (1) |
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Appendix 6.2 Relationship between Type I and Type II Income Multipliers |
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284 | (2) |
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286 | (3) |
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7 Supply-Side Models, Linkages, and Important Coefficients |
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289 | (58) |
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7.1 Supply-Side Input--Output Models |
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289 | (12) |
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7.1.1 The Early Interpretation |
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289 | (3) |
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Numerical Illustration (Hypothetical Data) |
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292 | (1) |
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Numerical Application (US Data) |
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293 | (1) |
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7.1.2 Relationships between A and B and between L and G |
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293 | (1) |
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7.1.3 Comments on the Early Interpretation |
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294 | (1) |
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295 | (1) |
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295 | (2) |
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Conditions under Which Both A and B Will Be Stable |
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297 | (1) |
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7.1.5 Reinterpretation as a Price Model |
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298 | (1) |
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Connection to the Leontief Price Model (Algebra) |
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299 | (1) |
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Connection to the Leontief Price Model (Numerical Illustration) |
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299 | (1) |
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300 | (1) |
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7.2 Linkages and Key Sectors in Input--Output Models |
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301 | (20) |
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302 | (1) |
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303 | (1) |
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304 | (1) |
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7.2.2 Classifying Backward and Forward Linkage Results |
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305 | (1) |
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306 | (3) |
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7.2.4 "Net" Backward and Forward Linkages |
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309 | (1) |
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309 | (1) |
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310 | (1) |
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7.2.5 Hypothetical Extraction |
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310 | (1) |
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310 | (3) |
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Partial Extraction: Backward Linkage |
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313 | (1) |
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Partial Extraction: Forward Linkage |
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314 | (2) |
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7.2.6 Generalized Linkage Measures |
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316 | (3) |
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7.2.7 Which Measures to Use? |
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319 | (1) |
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7.2.8 Illustration Using US Data |
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319 | (2) |
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7.3 Identifying Important Coefficients |
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321 | (15) |
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7.3.1 Mathematical Background |
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323 | (1) |
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7.3.2 Relative Sizes of Elements in the Leontief Inverse |
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324 | (1) |
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324 | (1) |
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324 | (1) |
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325 | (1) |
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7.3.3 "Inverse-Important" Coefficients |
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325 | (2) |
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327 | (1) |
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7.3.5 Impacts on Gross Outputs |
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328 | (4) |
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7.3.6 Fields of Influence |
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332 | (3) |
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7.3.7 Additional Measures of Coefficient Importance |
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335 | (1) |
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Converting Output to Employment, Income, etc. |
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335 | (1) |
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Elasticity Coefficient Analysis |
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335 | (1) |
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Relative Changes in All Gross Outputs |
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336 | (1) |
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Impacts of Changes in More than One Element of the A Matrix |
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336 | (1) |
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336 | (1) |
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Appendix 7.1 The Shennan--Morrison--Woodbury Formulation |
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337 | (3) |
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337 | (2) |
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A7.1.2 Application to Leontief Inverses |
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339 | (1) |
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Appendix 7.2 Hypothetical Extractions with Partitioned Matrices |
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340 | (1) |
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340 | (7) |
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8 Decomposition Approaches |
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347 | (53) |
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347 | (1) |
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8.2 Structural Decompositon (Additive) |
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348 | (20) |
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8.2.1 Initial Decompositions: Changes in Gross Outputs |
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348 | (2) |
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350 | (2) |
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8.2.2 Next-Level Decompositions: Digging Deeper into Af and AL |
|
|
352 | (1) |
|
Additive Decompositions with Products of More than Two Terms |
|
|
353 | (1) |
|
|
354 | (1) |
|
|
355 | (1) |
|
One Category of Final Demand (p = 1) |
|
|
355 | (1) |
|
Two Categories of Final Demand (p = 2) |
|
|
356 | (1) |
|
8.2.4 Changes in the Direct Inputs Matrix |
|
|
357 | (1) |
|
|
357 | (1) |
|
|
358 | (1) |
|
Numerical Illustration (continued) |
|
|
359 | (1) |
|
8.2.5 Decompositions of Changes in Some Function of x |
|
|
360 | (2) |
|
|
362 | (1) |
|
8.2.7 ASDA in a Multiregional Input--Output (MRIO) Model |
|
|
362 | (1) |
|
|
363 | (1) |
|
Studies Using National Models |
|
|
363 | (2) |
|
Early Studies with a Spatial Dimension |
|
|
365 | (3) |
|
8.3 Structural Decomposition (Multiplicative) |
|
|
368 | (7) |
|
8.3.1 Initial Decompositions: Relative Changes in Total Gross Output |
|
|
368 | (2) |
|
8.3.2 A Note on Arithmetic and Geometric Means (Averages) |
|
|
370 | (1) |
|
8.3.3 Numerical Example (Reexamined) |
|
|
371 | (1) |
|
8.3.4 Multiplicative Decomposition of Changes in Some Function of x |
|
|
372 | (1) |
|
|
372 | (1) |
|
|
373 | (2) |
|
8.4 Decomposition of Multipliers |
|
|
375 | (10) |
|
8.4.1 Multiplier Decompositions (Multiplicative) |
|
|
375 | (2) |
|
8.4.2 Multiplier Decompositions in an Interregional Context |
|
|
377 | (2) |
|
8.4.3 Multiplier Decompositions (Additive) |
|
|
379 | (1) |
|
8.4.4 A Note on Interregional Feedbacks |
|
|
379 | (1) |
|
8.4.5 Numerical Illustration |
|
|
380 | (5) |
|
|
385 | (9) |
|
8.5.1 Structural Path Analysis |
|
|
386 | (1) |
|
Incorporation of the Power Series Results |
|
|
386 | (2) |
|
|
388 | (3) |
|
8.5.2 Structural Path Decomposition |
|
|
391 | (3) |
|
|
394 | (1) |
|
Appendix 8.1 Alternative Additive Decompositions of x = LBf |
|
|
394 | (1) |
|
Appendix 8.2 Additional Early Additive Structural Decomposition Studies |
|
|
394 | (1) |
|
Appendix 8.3 The Approximate Economy-wide Equivalence of Additive and Multiplicative SDA Effects |
|
|
395 | (1) |
|
Appendix 8.4 A Note on Growth Rates |
|
|
395 | (1) |
|
|
396 | (4) |
|
9 Nonsurvey and Partial-Survey Methods: Fundamentals |
|
|
400 | (41) |
|
|
400 | (1) |
|
9.2 The Question of Stability of Input--Output Data |
|
|
400 | (8) |
|
9.2.1 Stability of National Coefficients |
|
|
401 | (1) |
|
Comparisons of Direct-Input Coefficients |
|
|
402 | (1) |
|
Comparisons of Leontief Inverse Matrices |
|
|
403 | (1) |
|
|
404 | (1) |
|
|
404 | (1) |
|
9.2.2 Constant versus Current Prices |
|
|
405 | (1) |
|
9.2.3 Stability of Regional Coefficients |
|
|
406 | (1) |
|
|
407 | (1) |
|
9.3 Updating and Projecting Coefficients: Trends, Marginal Coefficients, and Best Practice Methods |
|
|
408 | (2) |
|
9.3.1 Trends and Extrapolation |
|
|
408 | (1) |
|
9.3.2 Marginal Input Coefficients |
|
|
408 | (1) |
|
9.3.3 "Best Practice" Firms |
|
|
409 | (1) |
|
9.4 Updating and Projecting Coefficients: The RAS Approach and Hybrid Methods |
|
|
410 | (26) |
|
|
410 | (8) |
|
9.4.2 Example of the RAS Procedure |
|
|
418 | (6) |
|
9.4.3 Updating Coefficients versus Transactions |
|
|
424 | (1) |
|
|
425 | (1) |
|
9.4.4 An Economic Interpretation of the RAS Procedure |
|
|
425 | (2) |
|
9.4.5 Incorporating Additional Exogenous Information in an RAS Calculation |
|
|
427 | (1) |
|
9.4.6 Modified Example: One Coefficient Known in Advance |
|
|
428 | (2) |
|
9.4.7 Hybrid Models: RAS with Additional Information |
|
|
430 | (1) |
|
9.4.8 The Constrained Optimization Context |
|
|
431 | (1) |
|
RAS as a Distance Minimization Problem |
|
|
431 | (2) |
|
Alternative Measures of Matrix Distance |
|
|
433 | (1) |
|
9.4.9 Infcasible Problems |
|
|
434 | (2) |
|
|
436 | (1) |
|
|
436 | (5) |
|
10 Nonsurvey and Partial-Survey Methods: Extensions |
|
|
441 | (60) |
|
|
441 | (2) |
|
10.2 Location Quotients and Related Techniques |
|
|
443 | (16) |
|
10.2.1 Simple Location Quotients |
|
|
443 | (3) |
|
10.2.2 Variations on Simple Location Quotients |
|
|
446 | (1) |
|
Purchases-Only Location Quotients |
|
|
447 | (1) |
|
|
447 | (1) |
|
10.2.3 Supply-Demand Pool (Commodity Balance) Approaches |
|
|
448 | (1) |
|
10.2.4 Fabrication Effects |
|
|
449 | (1) |
|
10.2.5 Addressing the Cross-Hauling Issue |
|
|
450 | (1) |
|
The Semilogarithmic Quotient |
|
|
450 | (1) |
|
The Flegg Modification, FLQ |
|
|
451 | (1) |
|
|
452 | (1) |
|
The Cross-Hauling Adjusted Regionalization Method (CHARM) |
|
|
453 | (2) |
|
Case 1 The Region Is a Net-Exporter of Good i (bi > 0) |
|
|
455 | (1) |
|
Case 2 The Region Is a Net-Importer of Good i (bi < 0) |
|
|
455 | (1) |
|
10.2.6 Regional Purchase Coefficients |
|
|
456 | (1) |
|
10.2.7 "Community" Input--Output Models |
|
|
457 | (1) |
|
|
458 | (1) |
|
10.3 RAS in a Regional Setting |
|
|
459 | (1) |
|
10.4 Numerical Illustration |
|
|
460 | (2) |
|
10.5 Exchanging Coefficients Matrices |
|
|
462 | (1) |
|
10.6 Estimating Interregional Flows |
|
|
463 | (9) |
|
10.6.1 Gravity Model Formulations |
|
|
464 | (1) |
|
10.6.2 Two-Region Interregional Models |
|
|
465 | (1) |
|
10.6.3 Two-Region Logic with More than Two Regions |
|
|
466 | (2) |
|
10.6.4 Estimating Commodity Inflows to a Substate Region |
|
|
468 | (1) |
|
10.6.5 Additional Studies |
|
|
469 | (1) |
|
Commodity Flows among US States |
|
|
469 | (2) |
|
An Optimization Model for Interregional Flows |
|
|
471 | (1) |
|
|
472 | (5) |
|
10.7.1 Generation of Regional Input--Output Tables (GRIT) |
|
|
472 | (1) |
|
10.7.2 Double-Entry Bi-regional Input--Output Tables (DEBRIOT) |
|
|
473 | (3) |
|
10.7.3 The Multiregional Input--Output Model for China, 2000 (CMRIO) |
|
|
476 | (1) |
|
10.8 International Input--Output Models |
|
|
477 | (10) |
|
|
477 | (1) |
|
10.8.2 Asian International Input--Output Tables |
|
|
477 | (2) |
|
10.8.3 "Hybrid" Many-Region Models for the European Union |
|
|
479 | (1) |
|
10.8.4 China-Japan "Transnational Interregional" Input--Output (TIIO) Model, 2000 |
|
|
480 | (1) |
|
Chinese Exports to Japan for Intermediate Demand |
|
|
480 | (2) |
|
|
482 | (1) |
|
10.8.5 Leontief's World Model |
|
|
483 | (1) |
|
|
484 | (3) |
|
10.9 The Reconciliation Issue |
|
|
487 | (3) |
|
|
490 | (1) |
|
Appendix 10.1 Geographical Classifications in the World Input--Output Model |
|
|
491 | (1) |
|
Appendix 10.2 Detailed Results for the Numerical Illustration in Section 10.4 |
|
|
491 | (1) |
|
Appendix 10.3 Brief History of Leontief Inverses with Errors in the Coefficients of A |
|
|
491 | (1) |
|
|
492 | (9) |
|
11 Social Accounting Matrices |
|
|
501 | (46) |
|
|
501 | (1) |
|
11.2 Social Accounting Matrices: Background |
|
|
501 | (2) |
|
11.3 Social Accounting Matrices: Basic Concepts |
|
|
503 | (1) |
|
11.4 The Households Account |
|
|
504 | (2) |
|
11.5 The Value-Added Account |
|
|
506 | (1) |
|
11.6 Interindustry Transactions and the Input--Output Framework |
|
|
507 | (1) |
|
11.7 Expanding the Social Accounts |
|
|
508 | (3) |
|
11.8 Additional Social Accounting Variables |
|
|
511 | (4) |
|
11.9 A "Fully Articulated" SAM |
|
|
515 | (1) |
|
|
516 | (17) |
|
11.10.1 SAM Multipliers: Basic Structure |
|
|
516 | (2) |
|
11.10.2 Decomposition of SAM Multipliers |
|
|
518 | (2) |
|
Example 11.1 Reduced Form Case |
|
|
520 | (5) |
|
11.10.3 Multipliers in an Expanded SAM |
|
|
525 | (2) |
|
Example 11.2 The Expanded Case |
|
|
527 | (5) |
|
11.10.4 Additive Multipliers |
|
|
532 | (1) |
|
11.11 The Relationship between Input--Output and SAM Multipliers |
|
|
533 | (5) |
|
11.12 Balancing SAM Accounts |
|
|
538 | (2) |
|
11.12.1 Example: Balancing a SAM |
|
|
539 | (1) |
|
11.12.2 Example: Balancing a SAM with Additional Information |
|
|
539 | (1) |
|
11.13 Some Applications of SAMs |
|
|
540 | (2) |
|
11.13.1 Example: A Multiregional North American Macro-Economic SAM |
|
|
540 | (1) |
|
11.13.2 Example: A SAM for India |
|
|
541 | (1) |
|
|
542 | (1) |
|
|
543 | (4) |
|
12 Energy Input--Output Analysis |
|
|
547 | (54) |
|
|
547 | (5) |
|
12.1.1 The Origins of Energy Input--Output Analysis |
|
|
548 | (3) |
|
12.1.2 Early Approaches to Energy Input--Output Analysis |
|
|
551 | (1) |
|
12.1.3 Origins of Contemporary Approaches to Energy Input--Output Analysis |
|
|
551 | (1) |
|
12.2 Energy Input--Output Analysis: Conceptual Overview |
|
|
552 | (18) |
|
12.2.1 The Basic Energy Input--Output Formulation |
|
|
554 | (2) |
|
12.2.2 The Total Energy Requirements Matrix |
|
|
556 | (4) |
|
Example 12.1 Two-Sector Illustration of Hybrid Units Input--Output Analysis |
|
|
560 | (1) |
|
Example 12.2 Generalization to Several Energy Types |
|
|
561 | (1) |
|
12.2.3 The Hybrid Units Formulation and Energy Conservation Conditions |
|
|
562 | (1) |
|
Example 12.2 (Revisited): Generalization to Several Energy Types |
|
|
563 | (1) |
|
12.2.4 Traditional Formulation of the Energy Input--Output Model |
|
|
564 | (2) |
|
Example 12.3 Illustration of the Traditional Energy Input--Output Formulation |
|
|
566 | (2) |
|
12.2.5 Limitations of the Traditional Approach |
|
|
568 | (2) |
|
12.3 Further Methodological Considerations |
|
|
570 | (6) |
|
12.3.1 Adjusting for Energy Conversion Efficiencies |
|
|
570 | (1) |
|
Example 12.4 Adjusting for Energy Conversion Efficiencies |
|
|
570 | (1) |
|
12.3.2 Commodity-by-Industry Energy Models |
|
|
571 | (1) |
|
12.3.3 Accounting for Imports |
|
|
572 | (1) |
|
12.3.4 Interregional and Multiregional Extensions |
|
|
572 | (1) |
|
12.3.5 Energy Input--Output and Econometrics |
|
|
573 | (3) |
|
|
576 | (17) |
|
12.4.1 Net Energy Analysis |
|
|
576 | (1) |
|
Example 12.5 Net Energy Analysis |
|
|
577 | (5) |
|
12.4.2 Energy Cost of Goods and Services |
|
|
582 | (1) |
|
Example 12.6 Embodied Energy Example |
|
|
583 | (1) |
|
12.4.3 Impacts of New Energy Technologies |
|
|
584 | (1) |
|
|
584 | (1) |
|
12.4.5 Energy and Structural Change |
|
|
585 | (1) |
|
Example 12.7 Structural Energy Decomposition |
|
|
585 | (4) |
|
12.4.6 Energy Embodied in International Trade |
|
|
589 | (1) |
|
Example 12.8 Embodied Energy in Imports for the US Economy, 1997--2002 |
|
|
590 | (3) |
|
12.4.7 Other Applications |
|
|
593 | (1) |
|
|
593 | (1) |
|
Appendix 12.1 Earlier Formulation of Energy Input--Output Models |
|
|
594 | (1) |
|
|
595 | (6) |
|
13 Environmental Input--Output Analysis |
|
|
601 | (77) |
|
|
601 | (1) |
|
13.2 The Augmented Leontief Model |
|
|
602 | (9) |
|
13.2.1 Pollution Generation |
|
|
602 | (1) |
|
Example 13.1 Pollution Generation -- Augmented Leontief Model |
|
|
602 | (4) |
|
13.2.2 Pollution Elimination |
|
|
606 | (1) |
|
Example 13.2 Pollution Elimination -- Augmented Leontief Model |
|
|
607 | (1) |
|
13.2.3 Existence of Non-negative Solutions |
|
|
608 | (1) |
|
Example 13.3 Pollution Activity -- Augmented Leontief Model |
|
|
609 | (2) |
|
13.3 Physical Input--Output Tables |
|
|
611 | (3) |
|
Example 13.4 Waste Generation as an "Input" for Production |
|
|
613 | (1) |
|
13.4 Life Cycle Assessment and Input--Output (LCA-IO) Models |
|
|
614 | (4) |
|
13.4.1 An LCA-IO Example: Hybrid-Units Material Flows -- Lead in the US Economy |
|
|
615 | (2) |
|
|
617 | (1) |
|
13.5 Multiregional Product Supply Chains |
|
|
618 | (7) |
|
13.5.1 The Special Case of Carbon Dioxide Emissions |
|
|
618 | (1) |
|
13.5.2 Measuring a Carbon Footprint |
|
|
619 | (1) |
|
|
620 | (1) |
|
Example 13.5 Attribution of Emissions to Production or Consumption |
|
|
620 | (1) |
|
13.5.3 Global MRIO Models for Assessing Carbon Footprints |
|
|
621 | (1) |
|
Example 13.6 MRIO Consumption-Based Attribution of Emissions |
|
|
622 | (3) |
|
13.6 Input--Output Models with Expanded Environmental Accounts |
|
|
625 | (1) |
|
13.7 Generalized Input--Output Analysis: General Framework |
|
|
626 | (5) |
|
13.7.1 Accounting for Pollution Impacts |
|
|
626 | (1) |
|
13.7.2 Generalized Impacts |
|
|
627 | (1) |
|
Example 13.7 Generalized Input--Output Analysis |
|
|
627 | (4) |
|
13.7.3 Summary: Generalized Input--Output Formulations |
|
|
631 | (1) |
|
13.8 Generalized Input--Output Analysis: Extensions of the Planning Approach |
|
|
631 | (22) |
|
13.8.1 Linear Programming: A Brief Introduction by Means of the Leontief Model |
|
|
632 | (5) |
|
13.8.2 Multiple Objectives |
|
|
637 | (1) |
|
13.8.3 Conflicting Objectives and Linear Goal Programming |
|
|
638 | (4) |
|
13.8.4 Additional Observations on Goal Programming |
|
|
642 | (1) |
|
|
642 | (1) |
|
Tightly Constrained Problems |
|
|
643 | (1) |
|
|
643 | (1) |
|
13.8.5 Application to the Generalized Input--Output Planning Problem |
|
|
643 | (6) |
|
13.8.6 Policy Programming |
|
|
649 | (1) |
|
Policy Programming Example (Example 13.1 revisited) |
|
|
650 | (3) |
|
13.8.7 Applications of Input--Output and Multiobjective Decision-Making Models |
|
|
653 | (1) |
|
13.9 Ecological Commodities |
|
|
653 | (3) |
|
13.10 Environmentally Extended Input--Output Models |
|
|
656 | (5) |
|
13.10.1 Fully Integrated Models |
|
|
656 | (1) |
|
Toward a Circular Economy |
|
|
657 | (1) |
|
Analyzing Strategies for a Materials-Circular Economy |
|
|
658 | (1) |
|
Assessing a Materials Footprint |
|
|
658 | (1) |
|
13.10.2 Limited Economic--Ecologic Models |
|
|
658 | (1) |
|
|
658 | (1) |
|
|
659 | (1) |
|
Commodity-by-Industry Formulation |
|
|
659 | (1) |
|
Example 13.8 Limited Economic--Ecologic Models |
|
|
659 | (2) |
|
13.10.3 Illustrative EEIO Applications |
|
|
661 | (1) |
|
13.11 Pollution Dispersion |
|
|
661 | (2) |
|
13.11.1 Gaussian Dispersion Models |
|
|
661 | (1) |
|
13.11.2 Coupling Pollution Dispersion with Input--Output Models |
|
|
662 | (1) |
|
Example 13.9 Coupling Input--Output and Pollution Dispersion Models |
|
|
662 | (1) |
|
13.12 Other Applications of Environmental Input--Output Analysis |
|
|
663 | (2) |
|
13.12.1 Assessing Environmental Policy Initiatives |
|
|
664 | (1) |
|
13.12.2 Assessing Impacts of Environmental Disasters |
|
|
664 | (1) |
|
|
665 | (1) |
|
|
665 | (13) |
|
14 Mixed and Dynamic Models |
|
|
678 | (44) |
|
|
678 | (1) |
|
|
678 | (13) |
|
14.2.1 Exogenous Specification of One Sector's Output |
|
|
679 | (1) |
|
Rearranging the Basic Equations |
|
|
679 | (2) |
|
|
681 | (1) |
|
14.2.2 An Alternative Approach When f1, ..., fn-1 and xn Are Exogenously Specified |
|
|
682 | (1) |
|
14.2.3 Examples with xn Exogenous |
|
|
683 | (1) |
|
Example 14.1 f1 = 100,000, f2 = 200,000, x3 = 150,000 |
|
|
684 | (1) |
|
Example 14.2 f1 = f2 = 0, x3 = 150,000 |
|
|
685 | (1) |
|
Example 14.3 f1 = 100,000, f2 = 200,000, x3 = 100,000 |
|
|
686 | (1) |
|
Example 14.4 The Critical Value of x3 |
|
|
686 | (1) |
|
14.2.4 Exogenous Specification o f1, ..., fk, xk+1, ..., xn |
|
|
687 | (3) |
|
Example 14.5 (Example 14.2 expanded with xn--1 and xn Exogenous) |
|
|
690 | (1) |
|
14.3 New Industry Impacts in the Input--Output Model |
|
|
691 | (7) |
|
14.3.1 New Industry: The Final-Demand Approach |
|
|
692 | (2) |
|
14.3.2 New Industry: Complete Inclusion in the Technical Coefficients Matrix |
|
|
694 | (2) |
|
14.3.3 A New Firm in an Existing Industry |
|
|
696 | (1) |
|
14.3.4 Other Structural Changes |
|
|
697 | (1) |
|
14.4 Dynamic Considerations in Input--Output Models |
|
|
698 | (15) |
|
14.4.1 General Relationships |
|
|
698 | (3) |
|
14.4.2 A Three-Period Example |
|
|
701 | (1) |
|
|
701 | (2) |
|
|
703 | (1) |
|
14.4.3 Numerical Example 1 |
|
|
704 | (1) |
|
|
704 | (2) |
|
|
706 | (1) |
|
14.4.4 Numerical Example 2 |
|
|
707 | (1) |
|
|
708 | (1) |
|
|
708 | (1) |
|
14.4.5 "Dynamic" Multipliers |
|
|
709 | (1) |
|
14.4.6 Turnpike Growth and Dynamic Models |
|
|
710 | (1) |
|
Example 14.6: Turnpike Growth |
|
|
711 | (1) |
|
14.4.7 Alternative Input--Output Dynamics |
|
|
712 | (1) |
|
|
713 | (1) |
|
Appendix 14.1 Exogenous Specification of Some Elements of x |
|
|
714 | (5) |
|
A14.1.1 The General Case: An n-sector Model with k Endogenous Outputs |
|
|
714 | (1) |
|
A14.1.2 The Output-to-Output Multiplier Matrix |
|
|
714 | (1) |
|
A14.1.3 The Inverse of a Partitioned (I -- A(n)) Matrix |
|
|
715 | (1) |
|
A14.1.4 The Case of k = 2, n = 3 |
|
|
715 | (2) |
|
A14.1.5 The Case of k = 1, n = 3 |
|
|
717 | (1) |
|
A14.1.6 "Extracting" the Last (n--k) Sectors |
|
|
718 | (1) |
|
|
719 | (3) |
|
|
722 | (31) |
|
|
722 | (1) |
|
15.2 Input--Output and Measuring Economic Productivity |
|
|
723 | (3) |
|
15.2.1 Total Factor Productivity |
|
|
723 | (1) |
|
The Physical Input--Output Model |
|
|
723 | (1) |
|
A Measure of Total Factor Productivity Using Input--Output Data |
|
|
724 | (1) |
|
|
725 | (1) |
|
|
726 | (1) |
|
15.3 Modeling Economic Impacts of Disasters |
|
|
727 | (2) |
|
15.3.1 The Inoperability Input--Output Model |
|
|
727 | (1) |
|
|
728 | (1) |
|
|
729 | (2) |
|
15.4 Alternative Technology Models |
|
|
731 | (4) |
|
|
731 | (1) |
|
15.4.2 Alternative Technologies |
|
|
731 | (3) |
|
15.4.3 Numerical Illustration |
|
|
734 | (1) |
|
|
735 | (1) |
|
15.5 Graph Theory and Qualitative Input--Output Analysis |
|
|
735 | (3) |
|
|
738 | (1) |
|
15.6 Fundamental Economic Structure |
|
|
739 | (1) |
|
|
740 | (1) |
|
15.7 Variable Input--Output, Econometrics, and Computable General Equilibrium Models |
|
|
740 | (4) |
|
15.7.1 The Variable Input--Output Model |
|
|
741 | (1) |
|
15.7.2 Regional Input--Output, Econometric, and Computable General Equilibrium Models |
|
|
742 | (2) |
|
|
744 | (2) |
|
15.8 Additional Resources for Input--Output Extensions and Applications |
|
|
746 | (2) |
|
15.8.1 Edited Collections |
|
|
747 | (1) |
|
15.8.2 Collections of Printed Articles |
|
|
748 | (1) |
|
|
748 | (1) |
|
Appendix 15.1 More on the Derivation of Total Factor Productivity Measures |
|
|
749 | (4) |
|
|
751 | (2) |
|
Appendix A Matrix Algebra for Input--Output Models |
|
|
753 | (14) |
|
|
753 | (1) |
|
A.2 Matrix Operations: Addition and Subtraction |
|
|
754 | (1) |
|
|
754 | (1) |
|
|
754 | (1) |
|
|
754 | (1) |
|
|
754 | (1) |
|
A.3 Matrix Operations: Multiplication |
|
|
754 | (2) |
|
A.3.1 Multiplication of a Matrix by a Number |
|
|
754 | (1) |
|
A.3.2 Multiplication of a Matrix by Another Matrix |
|
|
755 | (1) |
|
A.3.3 The Identity Matrix |
|
|
756 | (1) |
|
A.4 Matrix Operations: Transposition |
|
|
756 | (1) |
|
A.5 Representation of Linear Equation Systems |
|
|
757 | (1) |
|
A.6 Matrix Operations: Division |
|
|
758 | (3) |
|
|
761 | (2) |
|
|
763 | (1) |
|
|
763 | (1) |
|
A.10 Partitioned Matrices |
|
|
763 | (4) |
|
A.10.1 Multiplying Partitioned Matrices |
|
|
764 | (1) |
|
A.10.2 The Inverse of a Partitioned Matrix |
|
|
764 | (3) |
|
Appendix B Guide to Online Input--Output Data Resources for This Text |
|
|
767 | (4) |
|
B.1 US Input--Output Data |
|
|
767 | (1) |
|
B.2 Other Data Included in the Online Resource |
|
|
768 | (1) |
|
B.3 Exercise Problems and Solutions |
|
|
769 | (2) |
|
Selected References for US Input--Output Tables (1919--2018) |
|
|
769 | (2) |
|
Appendix C Historical Notes on the Development of Leontief's Input--Output Analysis |
|
|
771 | (15) |
|
C.1 Conceptual Foundations |
|
|
771 | (1) |
|
C.2 Quesnay and the Physiocrats |
|
|
772 | (3) |
|
C.3 Mathematical Formalization |
|
|
775 | (1) |
|
C.4 Leontief and the "Economy as a Circular Flow" |
|
|
776 | (2) |
|
C.5 Development of Input--Output Analysis |
|
|
778 | (5) |
|
|
783 | (3) |
Author Index |
|
786 | (13) |
Subject Index |
|
799 | |