(a) Calculate import, wage and other valueadded coefficients from Table 9.1 analogous to the intermediate input coefficients...

Question:

(a) Calculate import, wage and other valueadded coefficients from Table 9.1 analogous to the intermediate input coefficients aij.

Check that for each industry, the sum of the intermediate and primary input coefficients is unity.

(b) In the text we used coefficients derived from the data of Table 9.1 to find the gross output levels implied by new higher levels of export demand. Use those new gross output levels to derive a new transactions table, assuming constant input coefficients for both intermediate and primary inputs.

Calculate the new level of GDP.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Natural Resource And Environmental Economics

ISBN: 9780273655596

3rd Edition

Authors: Roger Perman, Yue Ma, Michael Common, David Maddison, James Mcgilvray

Question Posted: