Demand-side and Supply-side Commodity-Industry Multiregional Input–Output Models and Spatial Linkages in the US Regional Economy
Gang Shao, Ronald E. Miller
Abstract
Gang Shao, Ronald E. Miller
Abstract
In this paper, we present a new set of demand-side and supply-side multiregional input–output (MRIO) models for the commodity-by-industry input–output accounts. In addition, we introduce supply-side national models for the same accounting framework. The MRIO and national models are both expressed under industry-based and commodity-based technology assumptions. Using these MRIO models, we examine spatial linkages in the US multiregional economy for 1977 and compare them with similar linkages for 1963. It appears that spatial linkages were relatively stable over this 14-year period, both at an aggregated regional level and at the state level.
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In this paper, we present a new set of demand-side and supply-side multiregional input–output (MRIO) models for the commodity-by-industry input–output accounts. In addition, we introduce supply-side national models for the same accounting framework. The MRIO and national models are both expressed under industry-based and commodity-based technology assumptions. Using these MRIO models, we examine spatial linkages in the US multiregional economy for 1977 and compare them with similar linkages for 1963. It appears that spatial linkages were relatively stable over this 14-year period, both at an aggregated regional level and at the state level.
Key concepts: Commodity, Supply side, Demand side, Economics, Supply and demand, Economy, State (computer science), Industrial organization