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A Convenient Multisectoral Policy Control For Ict In The Us Economy

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  • Maurizio Ciaschini
  • Rosita Pretaroli
  • Claudio Socci

Abstract

Through the application of the Macro Multiplier (MM) approach on an Input–Output matrix for US economy in year 2005, the paper identifies the ‘convenient’ structure of a policy control on final demand, oriented to a particular policy objective. The approach quantifies a set of aggregated scale effects, called MM, and the associated structures of both policy and objective variables. In this way the policy maker can both get a complete picture of the patterns of the objective that can be attained and determine a ‘convenient’ structure of the policy variable that compels the model towards those patterns.

Suggested Citation

  • Maurizio Ciaschini & Rosita Pretaroli & Claudio Socci, 2009. "A Convenient Multisectoral Policy Control For Ict In The Us Economy," Metroeconomica, Wiley Blackwell, vol. 60(4), pages 660-685, November.
    • Handle: RePEc:bla:metroe:v:60:y:2009:i:4:p:660-685
    DOI: 10.1111/j.1467-999X.2009.04054.x
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    References listed on IDEAS

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    1. Dale W. Jorgenson, 2001. "Information Technology and the U.S. Economy," Higher School of Economics Economic Journal Экономический журнал Высшей школы экономики, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 5(1), pages 3-34.
    2. Ciaschini, Maurizio & Socci, Claudio, 2007. "Final demand impact on output: A macro multiplier approach," Journal of Policy Modeling, Elsevier, vol. 29(1), pages 115-132.
    3. Sung-Bae Mun & M. Ishaq Nadiri, 2002. "Information Technology Externalities: Empirical Evidence from 42 U.S. Industries," NBER Working Papers 9272, National Bureau of Economic Research, Inc.
    4. Jeffrey I. Bernstein, 2000. "Canadian Manufacturing, U.S. R&D Spillovers, And Communication Infrastructure," The Review of Economics and Statistics, MIT Press, vol. 82(4), pages 608-615, November.
    5. Ciaschini, Maurizio, 1989. "Scale and structure in economic modelling," Economic Modelling, Elsevier, vol. 6(4), pages 355-373, October.
    6. Mun, S-B. & Nadiri, M.I., 2002. "Information Technology Externalities: Empirical Evidence from 42 U.S. Industries," Working Papers 02-03, C.V. Starr Center for Applied Economics, New York University.
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    Cited by:

    1. Yousaf Ali & Claudio Socci & Rosita Pretaroli & Francesca Severini, 2018. "Economic and environmental impact of transport sector on Europe economy," Asia-Pacific Journal of Regional Science, Springer, vol. 2(2), pages 361-397, August.
    2. Irfan Ahmed & Mohammad Arif Riaz & Ibrahim Abdou Alamir & Abdulwahab Mujalli & Alhussein Nasser Alayadh & Mohammad Jibran Gul Wani, 2024. "Income circular flow and its impact on sustainable agricultural productivity," SN Business & Economics, Springer, vol. 4(8), pages 1-20, August.
    3. Maurizio Ciaschini & Francesca Severini, 2010. "The Economic Impact of the Green Certificate Market through the Macro Multiplier Approach," Working Papers 2010.105, Fondazione Eni Enrico Mattei.
    4. Irfan Ahmed & Claudio Socci & Francesca Severini & Qaiser Rafique Yasser & Rosita Pretaroli, 2018. "The structures of production, final demand and agricultural output: a Macro Multipliers analysis of the Nigerian economy," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 35(3), pages 691-739, December.
    5. Y. Ali, M. Ciaschini & R. Pretaroli & F. Severini & C. Socci, 2014. "Economic relevance of Tourism industry: the Italian case," Working Papers 72-2014, Macerata University, Department of Finance and Economic Sciences, revised Dec 2015.
    6. Maurizio Ciaschini & Andrea Karim El Meligi & Nicoleta Anca Matei & Rosita Pretaroli & Claudio Socci, 2015. "European Structural Funds and Labor Force Requirement in Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 134-153, December.
    7. Ciaschini, Maurizio & Pretaroli, Rosita & Socci, Claudio, 2011. "Balance, Manhattan norm and Euclidean distance of industrial policies for the US," Structural Change and Economic Dynamics, Elsevier, vol. 22(3), pages 204-226, September.
    8. Yousaf Ali & Maurizio Ciaschini & Claudio Socci & Rosita Pretaroli & Muhammad Sabir, 2019. "Identifying the sources of structural changes in CO2 emissions in Italy," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(2), pages 509-526, July.
    9. Claudio Socci & Maurizio Ciaschini & Rosita Pretaroli & Francesca Severini, 2015. "Assessing US Policies for Health Care through the Dynamic CGE Approach," Bulletin of Political Economy, Bulletin of Political Economy, vol. 9(2), pages 93-126, December.

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    More about this item

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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