1992
DOI: 10.1007/bf02116367
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Sources of structural change in the Washington economy

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Cited by 33 publications
(19 citation statements)
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“…Equation (1) shows the final production calculation, which accounts for both direct and indirect effects in the economy (indirect effects are the ones produced by the effect that the new investment has on new flows of purchases and sales among economic sectors) [5].…”
Section: Methodsmentioning
confidence: 99%
“…Equation (1) shows the final production calculation, which accounts for both direct and indirect effects in the economy (indirect effects are the ones produced by the effect that the new investment has on new flows of purchases and sales among economic sectors) [5].…”
Section: Methodsmentioning
confidence: 99%
“…Akita [2] developed an extended growth-factor decomposition method based on a non competitive-import type interregional I-O model, which is an extension of the growth factor decomposition formula based on a competitive import type I-O model (Akita [1]; Chenery and Syrquin [4]; Chenery [3]; Holland and Cooke, [5]). The extended formula can mea sure, in a comparative static framework, the roles played by interregional and interindustry linkages in the growth of a regional economy.…”
Section: Introductionmentioning
confidence: 99%
“…However, the MRIO methodology is not without certain limitations. Some are that it assumes unlimited production capacity, it does not account for the possibility of storage, it does not account for all informal transactions in the economy and the IOT are only published every few years (Holland and Cooke 1992). Additionally, the sectorial aggregation involves identical impacts assumed for all activities included in each economic sector (Corona et al 2016a).…”
Section: Extended Mrio: Environmental and Socioeconomic Pillarsmentioning
confidence: 99%
“…Furthermore, this assumption does not take into account that companies may have different social responsibility practices within a given sector (Rodríguez-Serrano et al 2016b). Another limitation related to the MRIO analysis is the underestimation of results as the informal transactions in the economy cannot be accounted for (Holland and Cooke 1992), which leads to poorer economic stimulation results from the project and consequently underestimations of the different impacts obtained in the extended IO analysis. The integration of the social dimension is also affected by this limitation as companies behind these informal activities may face lesser obstacles for the noncompliance of regulations, which could give rise to higher social risks exiting in economic sectors.…”
Section: Limitations and Future Research Linesmentioning
confidence: 99%
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