Input-Output as a Simple Econometric Model: A Comment

Brown, Douglas M.; Giarratani, Frank

doi:10.2307/1935798

Cited by 14 publications

(5 citation statements)

References 4 publications

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“…The most ambitious interregional model developed, although it falls short of the ideal Isard model, is the MRIO (multiregional input-out) model, which combines a set of input-output tables for each of 51 states (including the District of Columbia) with a set of regional trade-flow tables of each of 79 goods and services q h i s particular criticism was pointed out by Brown and Giarratani (1979). [ Polenske (1980)l.…”

Section: Rpc = K ( W : / W~)~' (E:/el)bz ( R/v3b3 (Lqi)b4 (Ar/a")bsmentioning

confidence: 99%

Input‐output and Economic Base Multipliers: Looking Backward and Forward*

Richardson

1985

Journal of Regional Science

221

117

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Section: Rpc = K ( W : / W~)~' (E:/el)bz ( R/v3b3 (Lqi)b4 (Ar/a")bsmentioning

confidence: 99%

Input‐output and Economic Base Multipliers: Looking Backward and Forward*

Richardson

1985

Journal of Regional Science

221

117

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“…12 Note that equation (3.b) implies a strong assumption of all firms in each sector having identical production functions of a Leontief type. It should also be noted that Miernyk (1976) and Brown and Giarratani (1979) raised some criticism with regard to Gerking's approaches; subsequently, he incorporated those that he recognized as missing ones (namely, purchases and sales identities and a priori judgmental information) in Gerking (1979a). 13 Nevertheless,…”

Section: Econometric and Other (Non-bayesian) Statistical Approachesmentioning

confidence: 99%

Volatility of the structure of intersectoral relations of Ukraine’s economy

Yastremskii¹,

KULYK²

2020

Ekon. prognozuvannâ

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This work provides an extensive overview of the input-output (IO) literature, both theoretical and empirical, dealing with the inherent IO data uncertainty issues. The survey is carried out on the basis of a specific uncertainty technique used, rather than taking a chronological overview approach, which also allows for easier comparisons and linking of the outcomes of the individual contributions. Thus, we discuss the literature within seven methodological blocks (sections), which include deterministic error analysis, econometric and other (non-Bayesian) statistical approaches, random error analysis and probabilistic approach, full probability density distribution approach, Monte Carlo analysis, Bayesian approach, and other techniques. Within each section, the literature on a certain topic is reviewed in its historical context, which helps to clarify the state of the art. Our main findings from this survey, related discussions, final remarks and observations are given in the concluding section.

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“…As a matter of fact, the effects on the Leontief inverse can only be described when the stochastic nature of the inputoutput coefficients has been specified. Precisely this has been the subject of a vivid discussion [see, for example, Gerking (1976aGerking ( , b, 1979a, Miernyk (1976Miernyk ( , 1979, and Brown and Giarratani (1979)l.…”

Section: The Effects Of Stochastic Errorsmentioning

confidence: 99%

The Sensitivity of Input‐output Multipliers*

Dietzenbacher

1990

Journal of Regional Science

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The present paper derives analytical expressions for the sensitivity of inputoutput multipliers to errors in the data. The effects on the simple output multipliers are investigated for additive errors, multiplicative errors in the columns, multiplicative errors in the rows, error rectangles, the error couple and the single error, and price changes. In contrast to earlier investigations, the results are not obtained from the Leontief inverse. The present approach focusses on the effects of errors on the eigenvector corresponding to the dominant eigenvalue. I t is indicated how similar expressions may be derived for several other multipliers.

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Input-Output as a Simple Econometric Model: A Comment

Cited by 14 publications

References 4 publications

Input‐output and Economic Base Multipliers: Looking Backward and Forward*

Input‐output and Economic Base Multipliers: Looking Backward and Forward*

Volatility of the structure of intersectoral relations of Ukraine’s economy

The Sensitivity of Input‐output Multipliers*

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