IDEAS home Printed from https://ideas.repec.org/a/bla/jregsc/v45y2005i2p421-426.html
   My bibliography  Save this article

More on multipliers

Author

Listed:
  • Erik Dietzenbacher

Abstract

. Recently, Oosterhaven and Stelder (2002, Journal of Regional Science, 42, 533–543) (OS) addressed the issue of measuring the economic importance of an industry. In practice, the traditional multipliers are commonly multiplied by, for example, the outputs. According to OS, this is a misuse that leads to double counting, a correction for which results in their net multipliers. In this note, I will provide an economic interpretation, which suggests that net multipliers may be a good choice for descriptive purposes. The comment by de Mesnard (2002, Journal of Regional Science, 42, 545–548) adopts a different viewpoint. Following his approach, I will show that also the common procedure—which was the central point of rejection in OS—has a sound economic interpretation. In its turn, this yields an alternative interpretation for the matrices used in supply‐driven input–output models.

Suggested Citation

  • Erik Dietzenbacher, 2005. "More on multipliers," Journal of Regional Science, Wiley Blackwell, vol. 45(2), pages 421-426, May.
    • Handle: RePEc:bla:jregsc:v:45:y:2005:i:2:p:421-426
    DOI: 10.1111/j.0022-4146.2005.00377.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.0022-4146.2005.00377.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.0022-4146.2005.00377.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. repec:dgr:rugsom:04c01 is not listed on IDEAS
    2. Oosterhaven, Jan, 2004. "On the definition of key sectors and the stability of net versus gross multipliers," Research Report 04C01, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Louis Mesnard, 2007. "Reply to Oosterhaven’s: the net multiplier is a new key sector indicator," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 41(2), pages 285-296, June.
    2. Louis Mesnard, 2007. "A critical comment on Oosterhaven–Stelder net multipliers," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 41(2), pages 249-271, June.
    3. Sirkka Koskela & Tuomas Mattila & Riina Antikainen & Ilmo Mäenpää, 2013. "Identifying Key Sectors and Measures for a Transition towards a Low Resource Economy," Resources, MDPI, vol. 2(3), pages 1-16, July.
    4. Ferran Sancho, 2013. "Some conceptual difficulties regarding ‘net’ multipliers," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 51(2), pages 537-552, October.
    5. Clio Ciaschini & Margherita Carlucci & Francesco Maria Chelli & Giuseppe Ricciardo Lamonica & Luca Salvati, 2022. "The Industrial Pattern of Italian Regions: A Disaggregated Sectoral Analysis Based on Input–Output Tables," Economies, MDPI, vol. 10(12), pages 1-22, November.
    6. Umed Temurshoev & Jan Oosterhaven, 2014. "Analytical and Empirical Comparison of Policy-Relevant Key Sector Measures," Spatial Economic Analysis, Taylor & Francis Journals, vol. 9(3), pages 284-308, September.
    7. Jan Oosterhaven, 2007. "The net multiplier is a new key sector indicator: reply to De Mesnard’s comment," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 41(2), pages 273-283, June.
    8. Shuning Chen & Masaru Kagatsume, 2018. "Impacts of environmental conservation programs on regional economic structural change in Guizhou, China, from 2002 to 2012: an input–output analysis," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 7(1), pages 1-18, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jregsc:v:45:y:2005:i:2:p:421-426. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0022-4146 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.