Template-Type: ReDIF-Paper 1.0
Author-Name: Tobias Emonts-Holley
Author-Name-First: Tobias
Author-Name-Last: Emonts-Holley
Author-Email: tobias.emonts-holley@strath.ac.uk
Author-Workplace-Name: Department of Economics, University of Strathclyde
Author-Name: Andrew  Ross
Author-Name-First: Andrew 
Author-Name-Last: Ross
Author-Email: andrew.ross@strath.ac.uk
Author-Workplace-Name: Department of Economics, University of Strathclyde
Author-Name: J Kim Swales
Author-Name-First: J Kim
Author-Name-Last: Swales
Author-Email: j.k.swales@strath.ac.uk
Author-Workplace-Name: Department of Economics, University of Strathclyde
Title: Type II errors in IO multipliers
Abstract: This paper compares methods for calculating Input-Output (IO) Type II multipliers. These are formulations of the standard Leontief IO model which endogenise elements of household consumption. An analytical comparison of the two basic IO Type II multiplier methods with the Social Accounting Matrix (SAM) multiplier approach identifies the treatment of non-wage income generated in production as a central problem. The multiplier values for each of the IO and SAM methods are calculated using Scottish data for 2009. These results can be used to choose which Type II IO multiplier to adopt where SAM multiplier values are unavailable.  
Length: 26 pages
Creation-Date: 2015-04
Revision-Date: 
Publication-Status: Published
File-URL: http://www.strath.ac.uk/media/1newwebsite/departmentsubject/economics/research/researchdiscussionpapers/15-04.pdf
File-Format: Application/pdf
Number: 1504
Classification-JEL: E16, E17, R13, R15
Keywords: Input-Output, Social Accounting Matrix, multipliers, Scotland
Handle: RePEc:str:wpaper:1504