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Wrapping input–output multipliers in confidence intervals

Author

Listed:
  • Robert Stehrer

    (The Vienna Institute for International Economic Studies–wiiw)

  • José Manuel Rueda-Cantuche

    (European Commission’s Joint Research Centre-JRC)

  • Antonio F. Amores

    (European Commission’s Joint Research Centre-JRC)

  • David Zenz

    (The Vienna Institute for International Economic Studies–wiiw)

Abstract

Input–output multipliers are typically calculated as point estimates of the Leontief quantity model. From the previous literature, they can also be estimated (and their confidence intervals) directly from establishments’/industries’ inputs and outputs data by running an appropriate econometric regression. However, previous contributions relied on analyses carried out for 1 single year, one country/region and a reduced number of degrees of freedom. This paper tests the robustness of the previous literature by using instead a time series of large-scale inter-country supply, use and input–output database with more than one country and more than 1 year, as well as panel data econometrics.

Suggested Citation

  • Robert Stehrer & José Manuel Rueda-Cantuche & Antonio F. Amores & David Zenz, 2024. "Wrapping input–output multipliers in confidence intervals," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 13(1), pages 1-22, December.
    • Handle: RePEc:spr:jecstr:v:13:y:2024:i:1:d:10.1186_s40008-024-00331-4
    DOI: 10.1186/s40008-024-00331-4
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    References listed on IDEAS

    as
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