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An Approach to Estimating a Consistent Aggregate Input‐Output Model
Author(s) -
CROWN WILLIAM H.
Publication year - 1987
Publication title -
growth and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.657
H-Index - 55
eISSN - 1468-2257
pISSN - 0017-4815
DOI - 10.1111/j.1468-2257.1987.tb00084.x
Subject(s) - aggregate (composite) , econometrics , computer science , input/output , economics , materials science , composite material , operating system
There is a large literature concerning the effects of aggregation on the output estimates produced by, and information content of, input‐output models. However, virtually no attention has been given to the effects of aggregation on input‐output multipliers. This paper presents a methodology for calculating consistent aggregate input‐output multipliers for any given change in final demands.