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The Regional Input–Output Modeling System (RIMS II) is a regional economic model developed and maintained by the US Bureau of Economic Analysis (BEA).. Regional input–output multipliers such as the RIMS II multipliers allow estimates of how a one-time or sustained increase in economic activity in a particular region will impact other industries located in the region—i.e., estimating ...
In economics, an input–output model is a quantitative economic model that represents the interdependencies between different sectors of a national economy or different regional economies. [1] Wassily Leontief (1906–1999) is credited with developing this type of analysis and earned the Nobel Prize in Economics for his development of this model.
In order to consider variations in production structures across different economies or regions, national input-output tables are combined to form so-called multi-regional input-output (MRIO) models. In these models, the sum total of resources allocated to final consumption equals the sum total of resources extracted, as recorded in the material ...
Karen Rosel Polenske (born March 20, 1937) is an American regional economist specialized in energy, environmental, and infrastructure analyses, and input-output accounts and models, particularly at the subnational scale. She is currently the Peter de Florez Professor of Regional Political Economy at the Massachusetts Institute of Technology ...
A shift-share analysis attempts to identify the sources of regional economic changes. The region can be a town, city, country, statistical area, state, or any other region of the country. The analysis examines changes in an economic variable, such as migration, a demographic statistic, firm growth, or firm formations, although employment is ...
At Harvard, Isard became well acquainted with Wassily Leontief and helped him adapt his idea of an input-output model to a local economy. Between 1949 and 1953 Isard was employed as a research associate at Harvard, but teaching a course, designed by himself, on location theory and regional development.
The input–process–output model. The input–process–output (IPO) model, or input-process-output pattern, is a widely used approach in systems analysis and software engineering for describing the structure of an information processing program or other process. Many introductory programming and systems analysis texts introduce this as the ...
International Input–Output Association. The International Input–Output Association (IIOA) is a scientific, nonprofit, membership organization to facilitate development of input–output analysis in economics and interdisciplinary areas of inquiry. Input–output models and analysis in economics were developed by Nobel Laureate Wassily Leontief.