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The calculation of indirect and induced (multiplier) impacts is made on the basis of input-output (I-O) accounting tables. These matrices show the pattern of purchases and sales between industries in the economy. Base tables are constructed at a national level, and tables for smaller regions are derived by regionalizing the core BEA tables to reflect inter-regional purchasing patterns. These regionalized tables thus utilize information on both the inputs used to produce a dollar of product for each specific industry and the extent that each industrys purchases are supplied by other firms located within or outside the study...
Nội dung trích xuất từ tài liệu:
THE ECONOMICS OF HIGHER EDUCATION
