MIT11_481Js09_lec16

MIT11_481Js09_lec16 - MIT OpenCourseWare http://ocw.mit.edu...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: MIT OpenCourseWare http://ocw.mit.edu 11.481J / 1.284J / ESD.192J Analyzing and Accounting for Regional Economic Growth Spring 2009 For information about citing these materials or our Terms of Use, visit: http://ocw.mit.edu/terms . Regional Input-Output Models Xin Li Reference: Karen R. Polenske. 1995. Leontiefs Spatial Economic Analyses, Structural Change and Economic Dynamics 6: 309-318 Assumptions Constant returns to scale Homogeneous products with no joint production Constant direct input (technology) coefficient A demand-driven model P r o d u c in g in d u s t r ie s National input-output table Purchasing industries FD FD= final demands, including m X m G r o s s N a t io n a l P r o d u c t Personal consumption expenditures Gross private capital formation Net inventory change Net foreign exports Federal, state and local govt purchase VA= Value added, including Wages and salaries Rent Depreciation Taxes etc....
View Full Document

This note was uploaded on 12/06/2011 for the course ESD 11.481j taught by Professor Karenr.polenske during the Spring '09 term at MIT.

Page1 / 11

MIT11_481Js09_lec16 - MIT OpenCourseWare http://ocw.mit.edu...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online