Oosterhaven Rethinking Input-Output Analysis

A Spatial Perspective
1. Auflage 2019
ISBN: 978-3-030-33447-5
Verlag: Springer International Publishing
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 123 Seiten

Reihe: SpringerBriefs in Regional Science

This book highlights the social, economic and environmental importance of the mutual relations between industries in the same and in different regions and nations, and demonstrates how to model these relations using regional, interregional and international input-output (IO) models. It enables readers familiar with standard matrix algebra to extend these basic IO models with endogenous household expenditures, to employ supply-use tables (SUTs) that explicitly distinguish the products used and sold by industry, and to use Social Accounting Matrices (SAMs) that detail the generation, redistribution and spending of income. In addition to the standard demand-driven IO quantity model and its accompanying cost-push IO price model, the book also discusses the economic assumptions and usefulness of the supply-driven IO quantity model and its accompanying revenue-pull IO price model. The final chapters highlight three main applications of the IO model: (1) economic impact analysis of negative supply shocks as caused by, for example, natural disasters, (2) linkages, key sector and cluster analysis, (3) structural decomposition analysis, especially of regional, interregional and international growth, and demonstrate the strengths and weaknesses of these IO applications. This book appeals to economists and planners as well as scholars of regional and spatial science.


Jan Oosterhaven is a Professor Emeritus of Economics at the University of Groningen (The Netherlands). His research focuses on interregional input-output analysis, indirect effects of supply shocks and integral cost-benefit analyses of all kind of spatial and infrastructure measures. He was Editor of Economic Systems Research (1994-1998), President and Vice-President of the International Input-Output Association  (2001-2009), and won the European Regional Science Prize in 2015.

Autoren/Hrsg.

Oosterhaven, Jan

Inhaltsverzeichnis

1;Preface: History and Acknowledgements;6
2;Contents;7
3;Variables and Coefficients;10
4;1 Introduction: Importance Interindustry Relations and Overview;11
4.1;References;12
5;2 Basic, Demand-Driven IO Quantity Models;14
5.1;2.1 Single-region IO Tables and Their Descriptive Power;14
5.2;2.2 Mathematics Versus Economics of the Closed Economy IO Model;16
5.3;2.3 Open Economy Interregional and Multi-regional IO Models;20
5.3.1;2.3.1 Distinguishing Technical and Trade Origin Coefficients;20
5.3.2;2.3.2 Underestimation of Interregional Spillovers and Feedbacks;25
5.4;References;27
6;3 Data Construction: From IO Tables to Supply-Use Models;28
6.1;3.1 Construction of Regional IO Tables: Towards Cost-Effective Methods;28
6.1.1;3.1.1 Most Non-Survey Methods Overestimate Intra-Regional Multipliers;28
6.1.2;3.1.2 Non-Survey CC-RAS Method: Advantage of Using Multiple Comparable IOTs;32
6.1.3;3.1.3 Semi-Survey DE-BRIOT Method: Advantage of Constructing Bi-Regional IO Tables;34
6.2;3.2 Construction of Interregional Supply-Use Tables and Models;37
6.2.1;3.2.1 Difficulty of Deriving an IO Model from a Supply-Use Table;38
6.2.2;3.2.2 Family of Interregional Supply-Use Tables and Models;41
6.3;3.3 Difference Between Constructing Interregional and International SUTs;44
6.4;References;46
7;4 From Basic IO and SU Models to Demo-Economic Models;49
7.1;4.1 Interregional Models with Endogenous Household Consumption;49
7.2;4.2 Further Demo-Economic Model Extensions;55
7.3;4.3 Where to End with Endogenizing Final Demand?;60
7.4;References;62
8;5 Cost-Push IO Price Models and Their Relation with Quantities;64
8.1;5.1 Forward Causality of the Single-Region IO Price Model;64
8.2;5.2 Type II Interregional Price and Quantity Models Combined: Lower Multipliers;67
8.3;References;72
9;6 Supply-Driven IO Quantity Model and Its Dual, Price Model;74
9.1;6.1 Plausibility of the Supply-Driven Input-Output Model;74
9.1.1;6.1.1 Basic Supply-Driven IO Model: How Factories May Work Without Labour;74
9.1.2;6.1.2 Type II Supply-Driven IO Model: How More Private Cars May Run with Less Gasoline;79
9.2;6.2 Revenue-Pull IO Price Model = Plausible Dual of the Ghosh Quantity Model;81
9.3;6.3 Markets: Why All Four IO Models Overestimate Their Typical Impacts;84
9.4;References;87
10;7 Negative IO Supply Shock Analyses: A Disaster and a Solution;90
10.1;7.1 Limited Usability of the IO Model in Case of Supply Shocks;90
10.2;7.2 Nonlinear SU Programming Alternative: Much Smaller Disaster Multipliers;94
10.3;References;98
11;8 Other IO Applications with Complications;100
11.1;8.1 Key Sector and Linkage Analyses: A Half-Truth;100
11.1.1;8.1.1 Analytical and Empirical Comparison of Key Sector Measures;101
11.1.2;8.1.2 Cluster and Linkage Analysis for Three Dutch Spatial Policy Regions;103
11.1.3;8.1.3 The Other, Cost Side of the Coin;106
11.2;8.2 Structural Decomposition Analyses: Another Half-Truth;108
11.2.1;8.2.1 Shift and Share Analysis of Regional Growth;109
11.2.2;8.2.2 Structural Decomposition Analyses of National and Interregional Growth;111
11.2.3;8.2.3 The Other, Supply Side of the Coin: Growth Accounting;115
11.3;References;116
12;9 Future: What to Forget, to Maintain and to Extend;120
12.1;References;122