ELASTICITIES: SUPPLEMENTARY STATISTICS FROM INTERINDUSTRY STUDIES

Elasticities are developed to incorporate both a sector’s multiplier impact and its initial relative size to give a better estimator of the sector’s importance to a region’s economy. A current, empirical example of the differences between multipliers and elasticities, and their use in policy is given. Elasticities, compared to multipliers, are also often easier to employ in analysis because they are used with more readily available and comprehended data.


Issue Date:
1978-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/32401
Published in:
Western Journal of Agricultural Economics, Volume 3, Number 1
Page range:
75-80
Total Pages:
6




 Record created 2017-04-01, last modified 2017-04-04

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