A Method to Estimate Input-Output Multipliers for the Forestry Sector Without an I-O Table

Author: Zheng Chinlong   Harou Patrice A.  

Publisher: Society of American Foresters

ISSN: 0015-749X

Source: Forest Science, Vol.34, Iss.4, 1988-12, pp. : 882-893

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Abstract

An input-output (I-O) multiplier can help quantify the relationship between an initial investment and the subsequent increase in the total production of an economy. A method for quickly estimating I-O multipliers without an I-O table is presented. It requires only two variables, which can be obtained at a low cost. Five I-O models with significant forestry sectors are used to validate the analysis empirically by comparing the actual and estimated multipliers. The applicability of the method is then discussed. For. Sci. 34(4):882-893.