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Input-output models for regional demographic-economic analysis: some structural comparisons.

Batey Pwj

    Environment & Planning A
    |January 1, 1985
    PubMed
    Summary
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    This study surveys extensions of Leontief input-output models to incorporate demographic-economic links, identifying ten models based on income, employment, and unemployment representation. It generalizes Miyazawa's equation to analyze income and employment multipliers.

    Area of Science:

    • Economics
    • Demography
    • Econometrics

    Background:

    • Static Leontief input-output models are foundational in economic analysis.
    • Integrating demographic factors into economic models presents analytical challenges.
    • Existing models vary in their representation of household income, employment, and unemployment.

    Purpose of the Study:

    • To comparatively survey extensions of static Leontief input-output models.
    • To incorporate demographic-economic relationships within a unified framework.
    • To analyze the structural relationships and impact multipliers of these integrated models.

    Main Methods:

    • Identification and classification of a family of ten input-output models.
    • Generalization of Miyazawa's fundamental equation of income formation.
    Keywords:
    Comparative StudiesDemographic AnalysisDemographic FactorsEconomic FactorsEconomic ModelEmploymentEmployment StatusHuman ResourcesIncomeLabor ForceMacroeconomic FactorsMathematical ModelModels, TheoreticalPopulationPopulation TheoryResearch MethodologySocioeconomic FactorsSocioeconomic StatusUnemployment

    Related Experiment Videos

  • Derivation and comparison of income and employment impact-multipliers across models.

    • Main Results:

    • A systematic categorization of ten demographic-economic input-output models.
    • Demonstration of structural relationships using generalized income formation equations.
    • Quantification of differences in income and employment multipliers.

    Conclusions:

    • The study provides a comprehensive overview of integrated demographic-economic input-output models.
    • Generalizing Miyazawa's equation offers a robust method for analyzing inter-model relationships.
    • The findings facilitate a deeper understanding of economic impacts stemming from demographic changes.