CHANGES IN LOCAL INCOME MULTIPLIERS OVER TIME

CHANGES IN LOCAL INCOME MULTIPLIERS OVER TIME Considerable interest has been shown in recent years in the calculation of regional income andor employment multipliers. Their role in the formulation and evaluation of regional policy has been stressed by Wilson 1968 and some writers have been prepared to suggest that high levels of leakage and consequent low multipliers are causes of economic decline or slow growth in the peripheral regions just as much as are economic structure or locational disadvantages Thirlwell, 1972. The early approaches to the calculation of income or employment multipliers generally used aggregate data on employment, where data on output were not available, national inputoutput tables to identify input mixes and generalised economic base concepts to distinguish local and nonlocal purchases and sales Archibald, 1967 Brown et al, 1967 Steele, 1969. More recent work, however, had identified another approach, forsaking the use of aggregated national data sets and employing intensive survey methods of individual industrial plants, such as Greig's study of the pulp and paper mills at Fort William 1971, of educational establishments such as universities Brownrigg, 1973 Lewes and Kirkness, 1973 or of service sectors such as tourism Blake and MacDowell, 1967. More recently Lever 1974a has introduced a more rigorous comparative method into the study of individual manufacturing establishments. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Economic Studies Emerald Publishing

CHANGES IN LOCAL INCOME MULTIPLIERS OVER TIME

Journal of Economic Studies, Volume 1 (2): 15 – Feb 1, 1974

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0144-3585
DOI
10.1108/eb008041
Publisher site
See Article on Publisher Site

Abstract

Considerable interest has been shown in recent years in the calculation of regional income andor employment multipliers. Their role in the formulation and evaluation of regional policy has been stressed by Wilson 1968 and some writers have been prepared to suggest that high levels of leakage and consequent low multipliers are causes of economic decline or slow growth in the peripheral regions just as much as are economic structure or locational disadvantages Thirlwell, 1972. The early approaches to the calculation of income or employment multipliers generally used aggregate data on employment, where data on output were not available, national inputoutput tables to identify input mixes and generalised economic base concepts to distinguish local and nonlocal purchases and sales Archibald, 1967 Brown et al, 1967 Steele, 1969. More recent work, however, had identified another approach, forsaking the use of aggregated national data sets and employing intensive survey methods of individual industrial plants, such as Greig's study of the pulp and paper mills at Fort William 1971, of educational establishments such as universities Brownrigg, 1973 Lewes and Kirkness, 1973 or of service sectors such as tourism Blake and MacDowell, 1967. More recently Lever 1974a has introduced a more rigorous comparative method into the study of individual manufacturing establishments.

Journal

Journal of Economic StudiesEmerald Publishing

Published: Feb 1, 1974

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