Input-Output Analysis and the Structure of Income Distribution (Lecture Notes in Economics and Mathematical Systems): 116 - Brossura

Miyazawa, K.

 
9783540076131: Input-Output Analysis and the Structure of Income Distribution (Lecture Notes in Economics and Mathematical Systems): 116

Sinossi

The purpose of this study is in keeping with the shift in concern over the eco­ nomic problems of growth to those of income distribution in recent years. Income distribution problems may be analyzed by not only the traditional procedures, but also by some extensions of the input-output technique as I shall demonstrate in this volume of the Lecture Notes. Some fruitful results are obtained by applying the extended input-output technique to income analysis as well as to output analysis. This volume consists of three parts. These parts may be viewed along two veins, with some overlapping unavoidable: (1) Parts One and Two contain extensions of the input-output analysis and (2) Parts One and Three contain studies of the effects of the structure of income distribution on some other economic relationships. First, as an extension of the input-output analysis, we present a synthesis of the Leontief interindustry matrix multiplier and the Keynesian income multiplier in disaggregated form, and introduce a new concept which may be called the "Interrela­ tional Income Multiplier" as a matrix. It is designed to analyze the interrelation­ ships among various income-groups in the process of income formation through the medium of industrial production activity. Although this multi-sector multiplier follows from Leontief's interindustry matrix multiplier, it is formulated by the inclusion of the income generation process, which is omitted in the usual input­ output open model, and by projecting the multiplier process into not only the output­ determination side, but also into the income-determination side.

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Contenuti

One: Input-Output and Income Formation.- 1 Interindustry Analysis and the Structure of Income Distribution.- I. Introduction.- II. Interindustry Analysis and the Process of Distribution and Expenditure of National Income.- 1) The Leontief Multiplier, Keynesian Multiplier and Kalecki Multiplier.- 2) Generalization of the Input-Output Model.- 3) The Coefficients of Inter-Income-Groups.- III. The Relationship of Inter-Income-Groups and the Multi-Sector Income Multiplier.- 1) The Income Multiplier as a Matrix.- 2) Accepted Multipliers as Special Cases.- 3) Structure of the Propagation Process.- IV. The Convergence Conditions of the Model.- 1) The Properties of Leontief-type Matrices.- 2) Convergence Conditions in the Model.- 2 Input-Output Analysis and Interrelational Income Multiplier as a Matrix.- I. Introduction.- II. Formulation of a Regional Income Multiplier in the form of a Matrix.- III. The International Income Multiplier among Regions.- IV. Composition of Final Demand and the Regional Income-Distribution.- V. Output Determination and Interregional Income Generation.- 3 Foreign Trade Multiplier, Input-Output Analysis and the Consumption Function.- I. Introduction.- II. The Foreign Trade Multiplier and the Circular Flow of Intermediate Products.- III. The Modified Multiplier and the Fundamental Equation for an Open Economy.- IV. Interindustry Analysis and the Consumption Function.- V. Empirical Estimates.- VI. Formula for the Computation of the Subjoined Inverse showing the Effect of Endogenous Changes in Consumption.- 1) Derivation of the Computation Formula.- 2) Propagation Process Combining Leontief’s Multiplier and the Keynesian Multiplier.- Two: Internal and External Multipliers.- 4 Internal and External Matrix Multipliers in the Input-Output Model.- I. Introduction.- II. Partitioned Matrix Multipliers.- III. Interregional Repercussion Model.- IV. Some Extensions of the Model.- 1) Extension in the Number of Partitioned Groups.- 2) Inclusion of the Income Formation Process.- 5 An Analysis of the Interdependence between Service and Goods-Producing Sectors.- I. Introduction.- II. Income and Employment Analysis of Interdependency of Two Sectors.- III. Input-Output Analysis of the Interdependency of Two Sectors.- 1) Intersectoral Propagation Pattern.- 2) Cost-Push Effects of Service-Prices.- IV. International Comparison.- Three: Dual Economic Structure.- 6 The Dual Structure of the Japanese Economy and its Growth Pattern.- I. Introduction.- II. Economic Growth and Differentials in Capital Intensity by Size of Firm.- 1) Schema of Capital Concentration and Growth of Enterprises.- 2) Differentials in Wages and Capital Intensity.- 3) Permanence of the Dual Structure.- III. Differentials in Composition of Funds and Interest Rates.- 1) Funds of Enterprises and Capital Accessibility.- 2) Differentials in Interest Rates on Borrowed Funds and Cost of Funds.- 3) Differentials in Interest Rates and Unequal Distribution of Loans.- IV. Structural Peculiarities of Capital Concentration.- 1) Factor Proportion and Differentials in Wages and Interest Rates.- 2) Structural Peculiarities of Capital Concentration in Japan.- V. Conclusion.- References.

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Book by Miyazawa K

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