In this paper a method of policy evaluation is designed which gives a deeper insight of the interactions between policy objective (total output) and policy control (final demand) at multi-sectoral level. An application, based on a regional social accounting matrix, illustrates how macro multipliers ruling the multisector/ multi-industry interactions can be consistently defined and evaluated.We show that those aggregated multipliers are activated or neutralized by specific structures of the policy control and that no other outcome in the objective variable is reachable. A comparison with traditional impact multipliers is then performed. It shows how the proposed method, while providing the complete set of multipliers and associated structures, end ups with designing a more refined tool for policy evaluation.
A convenient multisectoral policy control for ICT in the US economy
CIASCHINI, Maurizio;PRETAROLI, ROSITA;SOCCI, CLAUDIO
2009-01-01
Abstract
In this paper a method of policy evaluation is designed which gives a deeper insight of the interactions between policy objective (total output) and policy control (final demand) at multi-sectoral level. An application, based on a regional social accounting matrix, illustrates how macro multipliers ruling the multisector/ multi-industry interactions can be consistently defined and evaluated.We show that those aggregated multipliers are activated or neutralized by specific structures of the policy control and that no other outcome in the objective variable is reachable. A comparison with traditional impact multipliers is then performed. It shows how the proposed method, while providing the complete set of multipliers and associated structures, end ups with designing a more refined tool for policy evaluation.File | Dimensione | Formato | |
---|---|---|---|
MECA.pdf
solo utenti autorizzati
Tipologia:
Documento in post-print (versione successiva alla peer review e accettata per la pubblicazione)
Licenza:
DRM non definito
Dimensione
639.22 kB
Formato
Adobe PDF
|
639.22 kB | Adobe PDF | Visualizza/Apri Richiedi una copia |
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.