RT Journal Article
T1 A new perspective for the calculation of Ghosh-like forward multipliers
A1 Lima Díaz, M. Carmen
A1 Sancho, Ferran
K1 Forward linkages
K1 Multiplier matrices
K1 Value added drivers
AB The tools currently used to identify and measure forward effects in disaggregated multi-sector models are widely considered inadequate. While the multi-sector approach is broadly accepted, the Ghosh classical model (1958), commonly employed in these analyses, has faced substantial criticism for two primary reasons. First, the model fails to accurately represent the technological characteristics of a market economy. Second, it gives rise to conceptual inconsistencies in the relationship between value-added and output levels. To overcome these limitations, we propose a new and straightforward replication method, grounded in standard theory, for identifying and measuring forward effects. Although this approach departs from the Ghosh model, it retains the core principle of examining the dependence of output on value-added.
PB Elsevier
YR 2026
FD 2026-05-19
LK https://hdl.handle.net/10433/27032
UL https://hdl.handle.net/10433/27032
LA en
NO Structural Change and Economic Dynamics, Vol 79, August 2026, p. 262-268
NO Proyectos de investigaciónPAIDI SEJ 511 Climamodel
NO Departamento Economía, Métodos Ciamtitativos e Historia Económica
DS RIO
RD Jun 25, 2026