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1 results

  • 6 - Multipliers in the Input–Output Model

  • Ronald E. Miller, University of Pennsylvania, Peter D. Blair
  • Book:
    Input-Output Analysis
    Published online:
    06 January 2022
    Print publication:
    13 January 2022, pp 238-288

  • Summary

    Chapter 6 examines a number of key summary analytical measures known as multipliers that can be derived from input–output models to estimate the effects of exogenous changes on (1) new outputs of economic sectors, (2) income earned by households resulting from new outputs, and (3) employment generated from new outputs, (4) value-added generated by production, or (5) energy and environmental effects. The general structure of multiplier analysis and special considerations associated with regional, IRIO, and MRIO models are developed. Extensions to capture the effects of income generation for various household groups are explored, as well as additional multiplier variants. Chapter appendices expand on mathematical formulations of household and income multipliers.