An operational, nonlinear input-output system

We develop a scale-dependent nonlinear input-output model which is a practical alternative to the conventional linear counterpart. The model contemplates the possibility of different assumptions on returns to scale and is calibrated in a simple manner that closely resembles the usual technical coeff...

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Autores: Guerra, Ana-Isabel|||0000-0002-2942-8735, Sancho Pifarré, Ferran|||0000-0002-6200-116X
Formato: artículo
Fecha de publicación:2014
País:España
Recursos:Universitat Autònoma de Barcelona
Repositorio:Dipòsit Digital de Documents de la UAB
Idioma:inglés
OAI Identifier:oai:ddd.uab.cat:174918
Acesso em linha:https://ddd.uab.cat/record/174918
https://dx.doi.org/urn:doi:10.1016/j.econmod.2014.04.027
Access Level:acceso abierto
Palavra-chave:Nonlinear input-output
Scale-dependent equilibrium
General multipliers
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spelling An operational, nonlinear input-output systemGuerra, Ana-Isabel|||0000-0002-2942-8735Sancho Pifarré, Ferran|||0000-0002-6200-116XNonlinear input-outputScale-dependent equilibriumGeneral multipliersWe develop a scale-dependent nonlinear input-output model which is a practical alternative to the conventional linear counterpart. The model contemplates the possibility of different assumptions on returns to scale and is calibrated in a simple manner that closely resembles the usual technical coefficient calibration procedure. Multiplier calculations under this nonlinear version offer appropriate interval estimates that provide information on the effectiveness and variability of demand-driven induced changes in equilibrium magnitudes. In addition, and unlike linear multipliers, the nonlinear model allows us to distinguish between physical and cost effects, the reason being that the traditional dichotomy between the price and quantity equations of linear models no longer holds. We perform an empirical implementation of the nonlinear model using recent interindustry data for Brazil, China and United States. When evaluating the robustness of the derived marginal output multipliers and the induced costs effects under the nonlinear approach, the results indicate that marginal indicators in physical terms can be perfectly used to infer average impacts; this is not the case, however, for the derived costs effects where average measures are seen to be more adequate. At the computational level, the analysis proves the operational applicability of the nonlinear system while at the methodological level shows that scale effects are relevant in determining sectoral multipliers 22014-01-0120142014-01-01Articlehttp://purl.org/coar/resource_type/c_6501SMURhttp://purl.org/coar/version/c_71e4c1898caa6e32info:eu-repo/semantics/articleapplication/pdfhttps://ddd.uab.cat/record/174918https://dx.doi.org/urn:doi:10.1016/j.econmod.2014.04.027reponame:Dipòsit Digital de Documents de la UABinstname:Universitat Autònoma de BarcelonaInglésengMinisterio de Ciencia e Innovación https://doi.org/10.13039/501100004837 ECO2009-11857Agència de Gestió d'Ajuts Universitaris i de Recerca https://doi.org/10.13039/501100003030 2009/SGR-578open accesshttp://purl.org/coar/access_right/c_abf2Aquest material està protegit per drets d'autor i/o drets afins. Podeu utilitzar aquest material en funció del que permet la legislació de drets d'autor i drets afins d'aplicació al vostre cas. Per a d'altres usos heu d'obtenir permís del(s) titular(s) de drets.https://rightsstatements.org/vocab/InC/1.0/info:eu-repo/semantics/openAccessoai:ddd.uab.cat:1749182026-06-06T12:50:31Z
dc.title.none.fl_str_mv An operational, nonlinear input-output system
title An operational, nonlinear input-output system
spellingShingle An operational, nonlinear input-output system
Guerra, Ana-Isabel|||0000-0002-2942-8735
Nonlinear input-output
Scale-dependent equilibrium
General multipliers
title_short An operational, nonlinear input-output system
title_full An operational, nonlinear input-output system
title_fullStr An operational, nonlinear input-output system
title_full_unstemmed An operational, nonlinear input-output system
title_sort An operational, nonlinear input-output system
dc.creator.none.fl_str_mv Guerra, Ana-Isabel|||0000-0002-2942-8735
Sancho Pifarré, Ferran|||0000-0002-6200-116X
author Guerra, Ana-Isabel|||0000-0002-2942-8735
author_facet Guerra, Ana-Isabel|||0000-0002-2942-8735
Sancho Pifarré, Ferran|||0000-0002-6200-116X
author_role author
author2 Sancho Pifarré, Ferran|||0000-0002-6200-116X
author2_role author
dc.subject.none.fl_str_mv Nonlinear input-output
Scale-dependent equilibrium
General multipliers
topic Nonlinear input-output
Scale-dependent equilibrium
General multipliers
description We develop a scale-dependent nonlinear input-output model which is a practical alternative to the conventional linear counterpart. The model contemplates the possibility of different assumptions on returns to scale and is calibrated in a simple manner that closely resembles the usual technical coefficient calibration procedure. Multiplier calculations under this nonlinear version offer appropriate interval estimates that provide information on the effectiveness and variability of demand-driven induced changes in equilibrium magnitudes. In addition, and unlike linear multipliers, the nonlinear model allows us to distinguish between physical and cost effects, the reason being that the traditional dichotomy between the price and quantity equations of linear models no longer holds. We perform an empirical implementation of the nonlinear model using recent interindustry data for Brazil, China and United States. When evaluating the robustness of the derived marginal output multipliers and the induced costs effects under the nonlinear approach, the results indicate that marginal indicators in physical terms can be perfectly used to infer average impacts; this is not the case, however, for the derived costs effects where average measures are seen to be more adequate. At the computational level, the analysis proves the operational applicability of the nonlinear system while at the methodological level shows that scale effects are relevant in determining sectoral multipliers
publishDate 2014
dc.date.none.fl_str_mv 2
2014-01-01
2014
2014-01-01
dc.type.none.fl_str_mv Article
http://purl.org/coar/resource_type/c_6501
SMUR
http://purl.org/coar/version/c_71e4c1898caa6e32
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://ddd.uab.cat/record/174918
https://dx.doi.org/urn:doi:10.1016/j.econmod.2014.04.027
url https://ddd.uab.cat/record/174918
https://dx.doi.org/urn:doi:10.1016/j.econmod.2014.04.027
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.relation.none.fl_str_mv Ministerio de Ciencia e Innovación https://doi.org/10.13039/501100004837 ECO2009-11857
Agència de Gestió d'Ajuts Universitaris i de Recerca https://doi.org/10.13039/501100003030 2009/SGR-578
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
https://rightsstatements.org/vocab/InC/1.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
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eu_rights_str_mv openAccess
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dc.source.none.fl_str_mv reponame:Dipòsit Digital de Documents de la UAB
instname:Universitat Autònoma de Barcelona
instname_str Universitat Autònoma de Barcelona
reponame_str Dipòsit Digital de Documents de la UAB
collection Dipòsit Digital de Documents de la UAB
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