Comparing multipliers from survey and non-survey based IO models: an empirical investigation from Northern Australia

Stoeckl, Natalie (2012) Comparing multipliers from survey and non-survey based IO models: an empirical investigation from Northern Australia. International Regional Science Review, 35 (4). pp. 367-388.

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Abstract

This article compares ninety different multiplier estimates derived from non-survey Input–Output (IO) tables with those derived from a novel survey approach. It finds that, on average, the estimates are surprisingly similar, indicating that the survey-based approach may be a cost-effective technique for generating multiplier estimates. Where differences do exist, it finds that differences in production technologies are a more important source of differences in multipliers than are differences in import propensities. This suggests that those who regionalize national IO tables may not just need to allow for differences in the propensity of sectors to import; they may also need to allow for differences in production technologies—particularly if regionalizing IO tables that have been developed in relatively urban areas for use in rural or remote locales such as those considered here.

Item ID: 19500
Item Type: Article (Research - C1)
ISSN: 1552-6925
Funders: Tropical Savannas CRC, Tropical Rivers and Coastal Knowledge (TRaCK) Commonwealth Environmental Research Hub, Raising National Water Standards Program, Land and Water Australia, Fisheries Research and Development Corporation, Qld Smart State Innovation Fund
Date Deposited: 15 Feb 2012 07:12
FoR Codes: 14 ECONOMICS > 1402 Applied Economics > 140218 Urban and Regional Economics @ 100%
SEO Codes: 91 ECONOMIC FRAMEWORK > 9101 Macroeconomics > 910106 Income Distribution @ 25%
91 ECONOMIC FRAMEWORK > 9199 Other Economic Framework > 919999 Economic Framework not elsewhere classified @ 75%
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