Understanding and Interpreting Economic Structure

In 1976, volume 116 of the Lecture Notes in Economics and Mathematical Systems appeared in the library of the University of Illinois. The title of the book, Input-Output Analysis and the Structure of Income Distribution was sufficiently intriguing to one of the present editors (Hewings) to command attention. Some years later, during the First World Congress of the Regional Science Association in Cambridge Massachusetts in 1980, Madden and Batey presented some of their work using their now familiar demographic-economic modeling system. Discussion ensued about the relationship between this system, Miyazawa's formulation and the social accounting matrices most closely associated with the work of Stone. During a year's residence at the University of Illinois, Batey was able to produce a valuable typology of multipliers that began the process of integrating these several modeling systems into a coherent package. Thereafter, a number of regional scientists have exploited the ideas and insights proposed by Miyazawa, especially the notion of the interrelational income multiplier and the ideas of internal and external multipliers.

Klappentext

This book explores new approaches to the measurement and interpretation of the linkages between economic activity flows and income flows in urban and regional economies and new ways to explore the importance of regional economic structure in development. The book combines theoretical contributions, chapters that focus on the construction and interpretation of new social accounting systems and a variety of empirical applications. These applications encompass community-level income distribution impacts, assessments of income distribution problems in Brazil, interregional impacts of unexpected events in Japan, welfare reform in the US and structural change in Chinese metropolitan economies. One of the special features of the book is the use and application of a wide variety of models - demo-economic, social accounting, interregional computable general equilibrium - employed at a variety of spatial scales.

Inhalt
1 Introduction.- 2 Miyazawa's Contributions to Understanding Economic Structure: Interpretation, Evaluation and Extensions.- 3 Revisiting Miyazawa on Multisectoral Multipliers.- 4 Interrelational Employment Multipliers in an Extended Input-Output Modeling Framework.- 5 Diagnosis and Therapy of Interregional Feedback Effects.- 6 Economic Impacts of an Unscheduled, Disruptive Event: A Miyazawa Multiplier Analysis.- 7 An Interindustry Analysis of the Relationship between Marx and Keynes.- 8 The Role of the Kanto Region in the Growth of Japanese Regional Economies 19651985: An Extended Growth-Factor Decomposition Analysis.- 9 Spillover and Feedback Effects in General Equilibrium Interregional Models of the National Economy: A Requiem for Interregional Input-Output?.- 10 Construction of an Input-Output Income Distribution Matrix for the US.- 11 Spatial and Sectoral Income Distribution Effects in an Interindustry-Econometric Framework: The Case of Queensland.- 12 Constructing Regional Supply and Use Tables: Dutch Experiences.- 13 In the Spirit of Miyazawa: Multipliers and the Metropolis.- 14 Personal Income Distribution within States and Income Inequality between States in Brazil: 1960, 70, 80 and 91.- 15 Decentralization and Income Distribution in the Inter-Regional Indonesian Economy.- 16 An Analysis of Internal and External Linkages of Manufacturing and Non-Manufacturing Industries: Application to Chinese Metropolitan Economies.- 17 Interrelational Multipliers for the US Economy: An Application to Welfare Reform.