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Defining prices in an inter-regional SAM system

  • Dades identificatives

    Identificador: imarina:7979901
    Autors:
    Llop M
    Resum:
    © 2020 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group The International Input--Output Association. The literature of inter-regional social accounting matrices (SAM) focuses on quantity-oriented models that determine the transmission of income impacts. This paper develops a price version to identify the channels of price transmission at the inter-regional (or inter-country) level. The method proposed divides the total multiplier effects into intra-regional price multipliers (i.e. the cost impacts within a region), open loop inter-regional price multipliers (i.e. the cost impacts from one region on another by quantifying all the within-region impacts), and closed loop inter-regional price multipliers (i.e. the circular cost impacts transiting through the accounts in the other region and returning to the starting region). In addition, the intra-regional multipliers are divided into the intra-account, the inter-account and the cross-account (circular) effects. The empirical application, which uses a bi-regional SAM that distinguishes the United States (USA) and China (CHN), highlights the importance of the within-region interdependences for explaining price impacts.
  • Altres:

    Autor segons l'article: Llop M
    Departament: Economia
    Autor/s de la URV: Llop Llop, Maria
    Paraules clau: Social accounting matrix Price impacts Output Multipliers Model Inter-regional and intra-regional price transmission Impacts Cost linkages
    Resum: © 2020 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group The International Input--Output Association. The literature of inter-regional social accounting matrices (SAM) focuses on quantity-oriented models that determine the transmission of income impacts. This paper develops a price version to identify the channels of price transmission at the inter-regional (or inter-country) level. The method proposed divides the total multiplier effects into intra-regional price multipliers (i.e. the cost impacts within a region), open loop inter-regional price multipliers (i.e. the cost impacts from one region on another by quantifying all the within-region impacts), and closed loop inter-regional price multipliers (i.e. the circular cost impacts transiting through the accounts in the other region and returning to the starting region). In addition, the intra-regional multipliers are divided into the intra-account, the inter-account and the cross-account (circular) effects. The empirical application, which uses a bi-regional SAM that distinguishes the United States (USA) and China (CHN), highlights the importance of the within-region interdependences for explaining price impacts.
    Àrees temàtiques: Economics and econometrics Economics Economia Ciencias sociales Business and management
    Accès a la llicència d'ús: https://creativecommons.org/licenses/by/3.0/es/
    ISSN: 09535314
    Adreça de correu electrònic de l'autor: maria.llop@urv.cat
    Identificador de l'autor: 0000-0001-6609-7528
    Data d'alta del registre: 2024-07-27
    Versió de l'article dipositat: info:eu-repo/semantics/publishedVersion
    URL Document de llicència: https://repositori.urv.cat/ca/proteccio-de-dades/
    Referència a l'article segons font original: Economic Systems Research. 33 (4): 492-508
    Referència de l'ítem segons les normes APA: Llop M (2021). Defining prices in an inter-regional SAM system. Economic Systems Research, 33(4), 492-508. DOI: 10.1080/09535314.2020.1804331
    Entitat: Universitat Rovira i Virgili
    Any de publicació de la revista: 2021
    Tipus de publicació: Journal Publications
  • Paraules clau:

    Economics,Economics and Econometrics
    Social accounting matrix
    Price impacts
    Output
    Multipliers
    Model
    Inter-regional and intra-regional price transmission
    Impacts
    Cost linkages
    Economics and econometrics
    Economics
    Economia
    Ciencias sociales
    Business and management
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