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Economic multipliers for the Maltese Economy
Socio-Economic Planning Sciences, 1979The aim of this paper is to build an econometric model for the Maltese Economy and to use this model in deriving economic multipliers which may prove useful for future economic planning, particularly since Malta must find substitutes for the income derived from the Military base after 1979, the year of independence. Both the methodology and the results
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Economic Growth, the Harrod Foreign Trade Multiplier and the Hicks Super-Multiplier
1994As we saw in Chapter 2, the post-Keynesian view of economic growth denies that the postwar economic performance of the majority of the advanced countries has been seriously constrained by the growth of factor supplies. Even during the ‘long boom’ of 1950–73, when the growth of output of the advanced countries in aggregate was double that of the ...
J. S. L. McCombie, A. P. Thirlwall
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Sources of Variation in Economic Impact Multipliers
Journal of Travel Research, 2016The conceptual arguments and empirical analyses in the article illustrate that when tourism organizations replicate economic impact analyses and/or compare their results with those reported by others, perceived differences often are specious because they are attributable to artifacts in multiplier measurement as well as to changes in the structure of ...
John L. Crompton +2 more
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Economic multipliers for Georgia industries
1976As noted in Chapter 2, the Georgia Economic Model can be treated as a multiplier model to trace the effects of changes in demand on economic activity in the state. After explaining the multiplier concept in simple graphic terms and outlining the mathematics of the multiplier system, this chapter presents employment, household-income, and government ...
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Understanding and Using Economic Multipliers (PowerPoint)
2007Discusses the derivation and use of economic multipliers.
Hodges, Alan W., Hodges, Alan W.
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Economic Multipliers and Mega-Event Analysis [PDF]
Critics of economic impact studies that purport to show that mega-events such as the Olympics bring large benefits to the communities “lucky” enough to host them frequently cite the use of inappropriate multipliers as a primary reason why these impact studies overstate the true economic gains to the hosts of these events.
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Misunderstanding Economic Stimulus Multipliers [PDF]
With the passage of the federal stimulus bill and the proposal of an infrastructure bonding plan in Iowa to address the state’s looming infrastructure needs, there have also been many announcements from state and federal elected officials about the job impacts that the state will expect.
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A NEOCLASSICAL ANATOMY OF THE ECONOMIC BASE MULTIPLIER*
Journal of Regional Science, 1987ABSTRACT Keynesian export base theory ignores the supply side of the economy, while trade models may overemphasize resource constraints. A general equilibrium model which stakes out a position between those extremes is developed and used to define rigorously the components of an economic base (EB) multiplier.
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Characterization of a Dynamic Economic Equilibrium in Terms of Lagrangean Multipliers
AIP Conference Proceedings, 2010A dynamic Walrasian economic equilibrium problem introduced in [3] is considered and, by applying the duality theory in infinite dimensional spaces, a characterization of equilibrium in terms of Lagrange variables is obtained. Thanks to this characterization we are able to give a description of the behavior of the economic market during the evolution ...
M. B. Donato +5 more
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The economics of the super-multiplier
2018This paper links the super-multiplier to Keynesian macroeconomics, showing it to be the most Keynesian of growth perspectives. Next, the paper shows that the super-multiplier is a micro-economically coherent theory of investment and capital accumulation.
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