HIERARCHIES OF REGIONAL SUB-STRUCTURES AND THEIR MULTIPLIERS WITHIN INPUT-OUTPUT SYSTEMS - MIYAZAWA REVISITED

Citation
M. Sonis et Gjd. Hewings, HIERARCHIES OF REGIONAL SUB-STRUCTURES AND THEIR MULTIPLIERS WITHIN INPUT-OUTPUT SYSTEMS - MIYAZAWA REVISITED, Hitotsubashi journal of economics, 34(1), 1993, pp. 33-44
Citations number
25
Categorie Soggetti
Economics
ISSN journal
0018280X
Volume
34
Issue
1
Year of publication
1993
Pages
33 - 44
Database
ISI
SICI code
0018-280X(1993)34:1<33:HORSAT>2.0.ZU;2-2
Abstract
Miyazawa, in a series of papers, provided some new insights into the f unctioning of an economy by revealing, explicity, the important linkag es between output and income propagation effects. The concept of an in terrelational income multiplier has provided the basis for extensions of this work in the field of demographic-economic modeling. In the pre sent paper, some of Miyazawa's contributions are revisited and some ex tensions proposed that exploit some new applications of matrix decompo sition techniques. In particular, a finer structure for Miyazawa's con cepts of ''internal'' and ''external'' multipliers are revealed. The f inal section of the paper explores the decomposition approach to the M iyazawa demo-economic framework in a multi-regional setting.