Abstract
This note applies an input-output multiplier technique developed by Burford and Katz to analyzing the impact of potential “high technology” industries in a rural, four-state, thirteen county Midwestern region. By using the 1972 national input-output table coefficients and the Burford-Katz multiplier estimation formula, the estimated output impacts for fifty-one individual industries were calculated. The results indicate that within the four-state region, “conventional” industries would produce greater economic impacts than designated “high-tech” ones. This analysis could be performed rather easily for any other region in the U.S.
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References
R. L. Burford, J. L. Katz, “A Method for Estimation of Input-Output Type Multipliers When No I-O Model Exists,”Journal of Regional Science, XXXI:2, May 1981, pp. 151–161.
S. D. Gerking, “Reconsiling Reconsiliation Procedure in Regional Input-Output Analysis,”International Regional Science Review, IV:1, Fall 1979, pp. 23–35.
D. P. Middendorf, R. H. Ellis, M. S. Jelavich, “Development and Application of Statewide, Multimodal Freight Forecasting Procedures for Florida,” paper presented at Transportation Research Board annual meetings, Washington, D.C., January 1982.
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Jelavich, M.S. Economic impact of potential new industries in a four-state area. Ann Reg Sci 18, 77–80 (1984). https://doi.org/10.1007/BF01291334
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DOI: https://doi.org/10.1007/BF01291334