Introduction to Regional Input-Output Model

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Inter-industry Transactions Outputs from one industry become inputs to another. • e.g. Automobile producers use steel, glass, rubber, and plastic products to produce automobiles. • When you buy a car, you affect the demand for glass, plastic, steel, etc. • e.g. Policy increasing the demand for cars vs. the demand for housing
Household and Industry Households buy the output of Consumption Spending business: final demand or Y i Households Goods & Services Labor Businesses Businesses Wages & Salaries Households sell labor & other inputs to business as inputs to production Businesses purchase from other businesses to produce their own goods / services: x ij (output of industry i sold to industry j)
Page 1 and 2: Introduction to Regional Input-Outp
Page 3 and 4: Economic base model Total employme
Page 5: Macro Economics ? Micro Economics ?
Page 9 and 10: Production technology, production f
Page 11 and 12: Input-Output Model (I-A)X=Y or X =
Page 13 and 14: Making technical coefficients Examp
Page 15 and 16: Example dZ ij Purchases Sales X 1 X
Page 17 and 18: A : n X n Open (Type I) Model Total
Page 19 and 20: Closed (Type II) Model H R : househ
Page 21 and 22: Regional Input-Output Model Nationa
Page 23 and 24: Single region vs. Many region model
Page 25 and 26: a RR ij = z RR ij / X R j a LL ij
Page 27 and 28: Regional Technical Coefficient a ij
Page 29 and 30: Interregional Model Interregional t
Page 31 and 32: Interregional Model L LR LR LL LL L
Page 33 and 34: Multiregional Model ⎥ ⎦ ⎤ ⎢

Introduction to Regional Input-Output Model

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