The State of Input-Output Analysis

1956 ◽  
Vol 14 (2) ◽  
pp. 130-137 ◽  
Author(s):  
John W. Clark
Keyword(s):  
The State ◽  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis

Economic impacts of the hotel industry: an input-output analysis

2015 ◽  
Vol 70 (2) ◽  
pp. 132-149 ◽  
Author(s):  
Hyojin Kim ◽  
Byung-Gook Kim
Keyword(s):  
Hotel Industry ◽  
Economic Structure ◽  
The State ◽  
The Other ◽  
Labor Income ◽  
Input Output ◽  
Output Analysis ◽  
Content Type ◽  
Input Output Analysis ◽  
The Usa

Purpose – The purpose of this paper is to be limited to provide an overall economic structure linked with a particular hospitality industry by identifying the economic structure of relations between the two hotel industries and other industries within a particular state in the USA. Design/methodology/approach – The analyses of output, labor income and employment multipliers from the input–output system were performed using the IMPLAN 3.0 software. The study attempted to compare the hotel/motel industry (industry code 411) and the accommodations industry (industry code 412) with the top ten industries and averages of each set of multipliers to estimate the relative importance and contribution of the two hotel industries to the economy of Texas. After this comparison, the aggregated input–output tables and multipliers were prepared to determine the economic inter-relationship between the two combined hotel industries (industry code 411 plus industry code 412) and the non-hotel industries, using the criteria of the NAICS (North American Industry Classification System). Findings – The three findings of this study are summarized as follows. First, the two hotel industries impacted the state economy due to a high induced effect from output and a considerable direct, indirect and induced effect from labor income and employment, despite their relatively lower multipliers and the economic downturn in the state. Second, the hotel-related industry had a strong inter-dependent relationship with the finance and insurance-related industries. Finally, while the hotel industry generated more labor income and employment than did the other accommodations industry, it is interesting that the other accommodations industry created more output than did the hotel industry. Research limitations/implications – Other than limitations pertaining to assumptions of input-output model, an input-output analysis alone cannot become the best analytical method for decision-making. The study was a cross-sectional study with 2009 data and did not incorporate a time-series flow of the state economic structure over several decades. A study of the inter-relationship among varied states bordering the state could be worthwhile to identify the flow of inputs and outputs. Originality/value – Despite a considerable number of research in measuring the economic impacts, this paper was of great significance, in that the economic impact of the hotel industry that has never been performed in a particular state of the USA was analyzed. Additionally, these quantified economic data and results should be helpful to future plans and policies associated with the hotel industry.

scholarly journals An Analysis of Oklahoma's Economy by Districts Using Input-Output Techniques

1969 ◽  
Vol 1 (1) ◽  
pp. 27-35 ◽  
Author(s):  
Gerald A. Doeksen ◽  
Charles H. Little
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Economic Structure ◽  
The State ◽  
Economic Base ◽  
Input Output ◽  
Output Analysis ◽  
Economic Growth And Development ◽  
Input Output Analysis

In order to adequately appraise a district's potential for economic growth and development, it is important to know as much as possible about the economic structure of the particular district under analysis. Recent input-output analysis research conducted for the state of Oklahoma provided an examination of the economic base of the state, but this examination proved inadequate when considering the economic structure of the districts within the state.The Oklahoma model provided an “average” or “aggregate” description of the various economic structures found in the state.

Planning with Semi-input-output Method with Empirical Application to Nigeria. By Arie Kuyvenhoven. Leiden: Martinus Nijhoff Social Sciences Division. 1978. xi + 266 pp.

1980 ◽  
Vol 19 (3) ◽  
pp. 247-249
Author(s):  
A. R. Kemal
Keyword(s):  
Social Sciences ◽  
Developing Countries ◽  
Final Demand ◽  
The Other ◽  
Production Structure ◽  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis ◽  
Comparative Cost ◽  
Planning Models

Input -output analysis is being widely used in developing countries for planning purposes. For a given level of final demand, input-output analysis allows us to project the required level of gross output to ensure consistency of plan. These projections are made on the assumption that the existing production structure is optimal and it implies that an increase in demand will be met through the expansion of domestic output even when it can be satisfied through an increase in imports. On the other hand, according to the semi-input-output method, we do not have to increase the output of international sectors in order to meet the increase in demand because the level and composition of these activities should be determined by comparative- cost considerations. These are the only national sectors in which output must increase in order to avoid shortage. The semi-input -output method has been such a useful and important contribution, yet, regrettably, its influence on the planning models had been rather limited.

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