Abstract

interindustry relationships. For this reason, short-cut methods of estimating key input-output model parameters would increase analytical efficiency and provide more timely information for public policy formulation. For example, the availability of final demand multipliers for specified sectors would be of use even when the detail supplied by input-output analysis is not provided. By themselves, final demand multipliers contribute greatly when answering such questions as: If particular sectors are exogenously stimulated, what will result? This question may be asked in terms of economic development on the part of private enterprise, or with respect to some public income transfer activity like a food stamp or a school lunch program.

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