Feedback Effects Based on an Interregional Input – Output Model for Greece

Erasmia Valma

Abstract:

The main objective of this paper is centered to analyze the interregional linkages in order to measure the feedback effects.

The analysis will be implemented with a two region interregional model for the Greek economy constructed by the author by own forces.

Feedback analysis offers additional information in calculating output multipliers. The feedback effects were introduced as the increase in outputs originating in one region that has the possibility to influence production levels in another region and will affect activity back in the first region of origin.

The results of how are spread widely the effects in the economy is important to identity production and establish targets for regional growth.

Keywords: Interregional model, feedback effects, output multipliers, interregional output multipliers.

Pages: 554 – 566 | Full PDF Paper