Economic landscapes: Multiplier product matrix analysis for multiregional input-output systems

Michael Sonis, Geoffrey J.D. Hewings

Research output: Contribution to journalArticlepeer-review

Abstract

Earlier work (Sonis and Hewings, 1993, 1995; Sonis, Hewings and Miyazawa 1997a) has explored new ways of examining the structure of regional economies using input-output and social accounting systems. In this paper, attention is focused on a new approach to the interpretation of Miyazawa's concepts of left and right multipliers in the decomposition of multiregional input-output systems. Using the technique of the multiplier product matrix (Sonis et al., 1997c), the hierarchical decomposition proposed exploits the insights offered by the fields of influence theory and provides a way of interpreting Miyazawa's left and right multipliers in terms of multiregional feedback loops.

Original languageEnglish (US)
Pages (from-to)59-74
Number of pages16
JournalHitotsubashi Journal of Economics
Volume40
Issue number1
StatePublished - Jun 1 1999

Keywords

  • Block decomposition
  • Multiplier product matrix
  • Multiregional imput-output

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics and Econometrics

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