Seminars & Events
APL (Ajiken Power Lunch)
A New Method of Inter-Regional Input-Output Analysis under Modern Economic Frameworks: Isard Revisited
APL
(Ajiken
Power
Lunch)
is
a
lunchtime
workshop
open
to
public,
including
IDE
staffs,
visiting
research
fellows,
IDEAS
students,
outside
researchers
and
graduate
students.
This
workshop
provides
a
platform
for
presentation
of
any
work
in
progress
where
we
can
discuss
in
either
English
or
Japanese.
Those
who
would
attend
a
seminar
are
asked
to
announce
yourself
to
receptionists
on
your
arrival
at
the
IDE
and
to
obtain
APL
Organizers'
signature
on
your
admission
card
after
the
seminar.
Date&time:
July 21, 2017. (Friday) 14：00-15：30
Venue:
Theme:
A New Method of Inter-Regional Input-Output Analysis under Modern Economic Frameworks: Isard Revisited
Abstract
This study suggests a method of input-output analysis originated from NEG models, or spatial general equilibrium models with Dixit-Stiglitz type monopolistic competition, considering generalized input-output structure among multiple industries. When we use a linearly approximated model based on a comparative statics analysis around an interior equilibrium of the original model, an inter-regional input-output table and several information of elasticity of substitution of each industry are sufficient for forecasting the effects of changes in exogenous variables such as population, transportation cost and production technology. Specifically, when we consider effects in the short-run in which firms can neither exit nor entry, our method is equivalent to the Isard (1951)’s inter-regional input-output model. However, under the setting that firms can exit and entry freely, our analysis yields a different result.
Speaker：
Ryo
Ito
(Associate
Professor,
Graduate
School
of
Information
Sciences,
Tohoku
University
(Japan))
Chair:
Kenmei Tsubota
Languages:
English
Institute
of
Developing
Economies,
APL
Organizers
E-mail:
APL