The Conduction Mechanism and Influence of the Industry Multiplier Effect, Spillover Effect and Feedback Effect——An Empirical Analysis Based on the Interregional Input-output Models
SHANG Yong1,2
1.School of Statistic, Henan University of Economics and Law, Zhengzhou 450046, China 2.The Analysis and Research Center on Education and Statistic Data of Henan Province, Zhengzhou 450046, China
Abstract:
The economic contacts among different regions can bring various influences, which are multiplier effect, spillover effect and feedback effect. The multiplier effect is the most important in three effects, and affect the others directly by the conduction of Leontieve inverse matrix. We verify the role and influence of conduction mechanism based on the two-regional Input-output model, the empirical result shows that the three effects decrease progressively according the distance of conduction paths, and the three effects have various characters based on the industries and regions. In two regional areas with enormous difference in economic scales, the connection of industries doesn’t show complete one-sided. With a adapt system arrangement, the trade between two regions can bring more bilateral benefit.
SHANG Yong.The Conduction Mechanism and Influence of the Industry Multiplier Effect, Spillover Effect and Feedback Effect——An Empirical Analysis Based on the Interregional Input-output Models[J] Economic Survey, 2016,V33(4): 14-19