EXPANDING EXTRACTIONS

作者：Erik Dietzenbacher, Michael L. Lahr · 发表于：Economic Systems Research · 年份：2013 · DOI：10.1080/09535314.2013.774266 · 被引用次数：136 · 研究领域：Monetary Policy and Economic Impact、Economic theories and models、Economic Theory and Policy

In this paper, we generalize hypothetical extraction techniques. We suggest that the effect of certain economic phenomena can be measured by removing them from an input–output (I–O) table and by rebalancing the set of I–O accounts. The difference between the two sets of accounts yields the phenomenon's effect (or importance). We suggest that the approach can be used to measure the effect of changes in intermediate output, which are otherwise not easily rationalized within a Leontief framework. Of course, it can also be used to estimate the possible effects of the shutdown of a particular establishment or other identifiable segment of an economy. We demonstrate some properties and potential of the approach using the annual 2006 US I–O accounts.