Austrian—Italian Interdependence: Some Linking Experiments
Linking of IO models has two different though closely related aspects. First, to achieve more consistency among the results of IO models and thus to increase the quality and reliability of forecasts. Second, to analyse the impacts of changes or exogenous shocks in one country on the various branches and variables in the other country; this includes the attempt to quantify all the involved feedback effects on the economy of the first country, a repercussion which is usually neglected.
KeywordsSugar Rubber Income Bran Shoe
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