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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.
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 ...
Economic impact analyses usually employ one of two methods for determining impacts. The first is an input-output model (I/O model) for analyzing the regional economy. These models rely on inter-industry data to determine how effects in one industry will impact other sectors. In addition, I/O models also estimate the share of each industry's ...
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 (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 most basic structure for describing a ...
An instruction set architecture (ISA) is an abstract model of a computer, also referred to as computer architecture.A realization of an ISA is called an implementation.An ISA permits multiple implementations that may vary in performance, physical size, and monetary cost (among other things); because the ISA serves as the interface between software and hardware.
Economic systems. Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the market mechanism.