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Social Accounting Input-Output Matrix Model: Estimation of Multipliers and Impacts for Mexico, 2003

Author

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  • Horacio Enrique Sobarzo Fimbres

    (Profesor-investigador, Centro de Estudios Económicos, El Colegio de México, México, D.F. Mexico)

Abstract

Using an applied general equilibrium model we reproduce an input-output model which in turn is used to estimate multipliers as well as some additional impacts for Mexico. While the results are conceptually the same as those of a Leontief model, their interpretation is simpler and the model is more flexible. The resulting model keeps the transparency and simplicity of an input-output model, compared with more complex general equilibrium models. The estimations are interesting because they show the possible effects of economic policy in the context of the present world economic crisis in which, because of the recent importance of fiscal policy, the Leontief model seems to have regained relevance.

Suggested Citation

  • Horacio Enrique Sobarzo Fimbres, 2011. "Social Accounting Input-Output Matrix Model: Estimation of Multipliers and Impacts for Mexico, 2003," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(2), pages 237-280, July-Dece.
    • Handle: RePEc:emc:ecomex:v:20:y:2011:i:2:p:237-280
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    More about this item

    Keywords

    input-output models; input-output tables and analysis; computable and other applied general equilibrium models.;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models

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