Difference between revisions of "Output Multiplier"
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| + | == Definition == | ||
| + | An '''Output-to-Output Multiplier''' indicates how total production will change as final demand is changed in any one sector of the economy. | ||
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| + | == Formula == | ||
| + | The output multiplier for sector j is the sum of column j of the interdependence coefficients matrix. This output multiplier measures the amount of out-put generated by a $1 change in final demand for the output of the jth sector. | ||
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| + | == References == | ||
| + | <references/> | ||
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[[Category:EEIO]] | [[Category:EEIO]] | ||
Revision as of 16:31, 28 February 2022
Definition
An Output-to-Output Multiplier indicates how total production will change as final demand is changed in any one sector of the economy.
Formula
The output multiplier for sector j is the sum of column j of the interdependence coefficients matrix. This output multiplier measures the amount of out-put generated by a $1 change in final demand for the output of the jth sector.
