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Geography 350: Week 9

(http://faculty.washington.edu/krumme/350/01F/week9.html)

Readings:

• Ann M. Lawson Benchmark Input-Output Accounts for the U.S. Economy 1992: Make, Use, and Supplementary Tables (1997)
• Bureau of Economic Analysis (U.S. Department of Commerce) Regional Multipliers from the Regional Input-Output Modeling System (RIMS II): A Brief Description

• I/O - continued

• Comparing the I-O Readings by Hoover and Schaffer: Which one have you read? Which one is easier to understand? [Readings for Week 8]

• Special Reading: Richard Conway, "Special Topic: Multipliers", The Puget Sound Economic Forecaster, February 1999, p.6 [Class Handout]

• Diversity will ignite recovery in region's economy Seattle PI, Thursday, November 22, 2001 By JOHN COOK AND PAUL NYHAN
• State Unemployment Rate Jumps in October

• Input-Output as an Accounting System: I-O Equations

• Using the L.Q. for deriving regional coefficients
  • Benchmark Input-Output Accounts for the U.S. Economy, 1992: Requirements Tables; By Ann M. Lawson (From the December 1997 SURVEY OF CURRENT BUSINESS)
  • Interindustry Relationships in the U.S. Economy: New Annual Input-Output Estimates for 1997 [News Release, Dec.2000]

• Washington Tables -- Continued
  • The 1987 Washington State Input-Output Study

• Review of Tables and Coefficients [Table]

• As you know, WRITING Requirements (10-15 pages) for this "W" class can be fulfilled by
  1. written interpretations (of sufficient length and quality) of numerical results presented as part of the class assignments.
  2. attaching (to your Resource Pages) one or two written analyses of the economy of your county/ metropolitan area and/or of economic-geographic facets associated with your substantive field of specialization.
  In all cases, you have to give me sufficient opportunity to return your writing with comments and you have to have enough time for revisions. Thus, all due dates have to be observed. I cannot give you a final grade in this class without your adherence to the "W" requirements.

• ResourcePage Assignment (Final version would best be posted on a WebPage. For those 350 comrades who have not yet fulfilled their WRITING Requirements, this is one of the last chances to submit the required writing assignments. If you have questions, send Email to econgeog@u)
  Due:
  1. If there is no WebPage: December 6 (on paper; since there is no WebPage, and since I would like all members of the class to have access to these class assignments, you are asked to make copies available also to your peers)
  2. If there is a WebPage: December 7 (midnight).

• Have you found some "economic impact studies" for your area of research interests?

• Due: Input-Output Exercise [on paper!]
  • Correction (Sorry!): Click Here! [text in original assignment is now corrected]

• "There is no single multiplier": Differentiating Multipliers! [Class Handout]
  • Groos-Output Multipliers
  • Type A & B Income Multipliers (Coefficients)
  • Type I & II Income Multipliers

• Misunderstandings, Misconceptions, Caveats, and Limitations of Multipliers

• I-O Applications

  Discussion of Final Version of RESOURCE PAGE! Due: Next Week (December 6)

• Readings for next week!