Premium
INTERRELATIONAL INCOME‐DISTRIBUTION MULTIPLIERS FOR THE WEST VIRGINIA ECONOMY *
Author(s) -
Rose Adam,
Beaumont Paul
Publication year - 1988
Publication title -
journal of regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.171
H-Index - 79
eISSN - 1467-9787
pISSN - 0022-4146
DOI - 10.1111/j.1467-9787.1988.tb01368.x
Subject(s) - economics , income distribution , social accounting matrix , consumption (sociology) , distribution (mathematics) , econometrics , west virginia , matrix (chemical analysis) , mathematics , macroeconomics , geography , computable general equilibrium , sociology , mathematical analysis , social science , materials science , composite material , inequality , archaeology
. This paper presents a set of Miyazawa interrelational multipliers, which measure how direct changes in the income of each income bracket result in indirect and induced income changes in all other brackets. The multipliers have been calculated for a 9‐by‐9 pairing of income brackets for West Virginia in 1982. Their estimation is based on a combination of survey and nonsurvey data in three forms: a 1982 West Virginia input‐output table, a multisector income‐distribution matrix, and an income disaggregated consumption matrix. The paper illustrates the usefulness of the multipliers by showing how they provide insight into the viability of trickle‐down theory and the incidence of regional development policy.