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Foreign Trade Multiplier, Input-Output Analysis and the Consumption Function

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  • Kenichi Miyazawa

Abstract

I. Introduction, 53. — II. The foreign trade multiplier and the circular flow of intermediate products, 53. — III. The revised multiplier and the fundamental equation for an open economy, 55. — IV. The interindustrial analysis and the consumption function, 58. — V. Formula for the computation of the subjoined inverse showing the effect of endogenous changes in consumption, 62.

Suggested Citation

  • Kenichi Miyazawa, 1960. "Foreign Trade Multiplier, Input-Output Analysis and the Consumption Function," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 74(1), pages 53-64.
    • Handle: RePEc:oup:qjecon:v:74:y:1960:i:1:p:53-64.
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    Cited by:

    1. Yen-Yin Chen & Jung-Hua Wu, 2008. "Simple Keynesian input–output structural decomposition analysis using weighted Shapley value resolution," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 42(4), pages 879-892, December.
    2. Hewings, Geoffrey J.D. & Azzoni, Carlos Roberto & Guilhoto, Joaquim José Martins & Haddad, Eduardo A. & Laes, M. A. & Moreira, Guilherme Renato Caldo, 2007. "Social policies, personal and regional income inequality in Brazil: an I-O analysis of the "Bolsa Família" program," MPRA Paper 54508, University Library of Munich, Germany.
    3. Armon Rezai, 2015. "Demand and distribution in integrated economies," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 39(5), pages 1399-1414.
    4. Sebastiano Fadda, "undated". "Structural Change, Employment and Institutions," Working Papers 0033, ASTRIL - Associazione Studi e Ricerche Interdisciplinari sul Lavoro.
    5. Azzoni, Carlos Roberto & Guilhoto, Joaquim José Martins, 2009. "Social policies, personal and regional income inequality in Brazil: an I-O analysis," MPRA Paper 54498, University Library of Munich, Germany.
    6. Moreira, Guilherme R.C. & Almeida, Leandro & Guilhoto, Joaquim M. & Azzoni, Carlos R., 2008. "Productive structure and income distribution: The Brazilian case," The Quarterly Review of Economics and Finance, Elsevier, vol. 48(2), pages 320-332, May.
    7. Huang, Yun-Hsun & Wu, Jung-Hua, 2013. "Analyzing the driving forces behind CO2 emissions and reduction strategies for energy-intensive sectors in Taiwan, 1996–2006," Energy, Elsevier, vol. 57(C), pages 402-411.
    8. Araujo, Ricardo Azevedo & Trigg, Andrew B., 2015. "A neo-Kaldorian approach to structural economic dynamics," Structural Change and Economic Dynamics, Elsevier, vol. 33(C), pages 25-36.
    9. Azzoni, Carlos Roberto & Guilhoto, Joaquim M., 2008. "Modal composition of cargo transportation and income inequality in Brazil," MPRA Paper 31411, University Library of Munich, Germany.
    10. Shouxin Bai & Shicheng Zhou & Yuyao Sheng & Xingwei Wang, 2022. "Does Lockdown Reduce Employment in Major Developing Countries? An Assessment Based on Multiregional Input–Output Model and Scenario Analysis," Sustainability, MDPI, vol. 14(12), pages 1-19, June.
    11. Trigg, Andrew & Ricardo, Araujo, 2014. "A Multi-sectorial Assessment of the Static Harrod Foreign Trade Multiplier," MPRA Paper 53242, University Library of Munich, Germany.
    12. Azzoni, Carlos Roberto & Guilhoto, J. J. M. & Haddad, E. A & Hewings, G. J. D. & Laes, M. A. & Moreira, G., 2011. "Neither here nor there: regionally targeted social policy or socially targeted regional policy? the first four years of Lula’s administration," MPRA Paper 37959, University Library of Munich, Germany.
    13. Stanislav Shmelev & Harrison Roger Brook, 2021. "Macro Sustainability across Countries: Key Sector Environmentally Extended Input-Output Analysis," Sustainability, MDPI, vol. 13(21), pages 1-46, October.
    14. Tuan Viet Le & William Baker, 2020. "The effects of trade deficit on output and employment: evidence from the U.S.’s economy," International Economics and Economic Policy, Springer, vol. 17(4), pages 877-895, October.
    15. Azzoni, Carlos Roberto & Menezes, Tatiane & Silveira, Fernando & Haddad, Eduardo A. & Guilhoto, Joaquim José Martins & C. E. Carmo, Heron, 2003. "Assessing the impacts of agricultural policy and structural reforms on income distribution and poverty in Brazil," MPRA Paper 54018, University Library of Munich, Germany.
    16. Kagawa, Shigemi & Nansai, Keisuke & Kudoh, Yuki, 2009. "Does product lifetime extension increase our income at the expense of energy consumption?," Energy Economics, Elsevier, vol. 31(2), pages 197-210.
    17. World Bank, 2008. "Brazil : Evaluating the Macroeconomic and Distributional Impacts of Lowering Transportation Costs," World Bank Publications - Reports 8083, The World Bank Group.

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