Reply to Oosterhaven’s: the net multiplier is a new key sector indicator

Abstract

C67, D57, O20, R15,

Input–output Analysis: The Next 25 Years

“…The concept of 'net' multiplier, as proposed by Oosterhaven and Stelder (2002) and despite its name, aims at being a 'gross-to-gross' multiplier by way of compensating for the overvaluing that results from the use of the standard 'net-to-gross'multiplier. The appropriateness of this proposal has been hotly and thoroughly discussed (see De Mesnard, 2002, 2007a, 2007bDietzenbacher, 2005;Oosterhaven, 2007). In a recent paper, Sancho (2013) goes one step further and proves that the Oosterhaven and Stelder proposal is methodologically faulty.…”

Some conceptual difficulties regarding ‘net’ multipliers

“…De Mesnard's (2002Mesnard's ( , 2007aMesnard's ( , 2007b alternative 'net' multiplier concept and Diezenbacher's (2005) ingenious and original reinterpretation are attempts to take the refinement road. Omitting here the technical details, De Mesnard's own 'net' output multiplier concept is seen to be defined by:…”

Decomposition Analysis for the Comparison and the Comprehension of Conventional Input-Output Impacts’ Indicators: An Empirical Paradigm

“…Letters from the English alphabet are corresponding to each one sector and are used in the next tables. The fundamental equations that constitute the pylons for an I-O model and the equations for the computation of BLs' and the t.I-Ms' and their synthetic components are the follows (Augusztinovics, 1970;Bekhet, 2011Bekhet, , 2012Cardenete et al, 2017;Chuenchum et al, 2018;Cuello et al, 1992;de Mesnard, 2002de Mesnard, , 2004de Mesnard, , 2007ade Mesnard, , 2007bDietzenbacher, 2005;Dietzenbacher and Lahr, 2004;Freytag and Fricke, 2017;Guang and Wen, 2020;Hirschman, 1958;Ivanova, 2014;Jensen et al, 1979, pp. 20-22;Kelly, 2015;Kelly et al, 2016;Kolokontes et al, 2018Kolokontes et al, , 2019Lahiri, 2000;Lenzen, 2003;Leontief, 1936Leontief, , 1951Lopes and Neder, 2017;Meng et al, 2019;Milana, 1985;Miller and Blair, 2009, pp.…”

“…Others are not conformed to this causality presenting conceptual difficulties, but sustaining mathematical correct as for their ability to answer at specific questions, opening other avenues in models' construction perspectives (Cardenete et al, 2017;Cardenete and Sancho, 2012;Dietzenbacher et al, 2013;Kolokontes et al, 2019;Sancho, 2013). However, once intuitionally, once actually, someone can discern that there is not an "in depth" comprehension of indicators' tools from the policy-planners (de Mesnard, 2002(de Mesnard, , 2004(de Mesnard, , 2007a(de Mesnard, , 2007bDietzenbacher, 2005;Oosterhaven, 2004Oosterhaven, , 2007Oosterhaven and Stelder, 2002), owing to the blind and superficial use of indices through computing programmes (Lopes and Neder, 2017;Kolokontes et al, 2019). The corruption, the electoral promises and the "powerless" governments opposite to the sectoral and syndicates' pressures aggravate the problem of tendentious planning (Kolokontes et al, 2018).…”

“…Five issues, at least, are remained cardinal as for the derived results from the multipliers and their choice from the policy-makers for the growing planning. The first topic is the interpretation of results (de Mesnard, 2002(de Mesnard, , 2004(de Mesnard, , 2007a(de Mesnard, , 2007bDietzenbacher, 2005;Guang and Wen, 2020;Kolokontes et al, 2019): What is exactly measured by each one index? The second issue regards the precision of indices and its margins (Kolokontes et al, 2019;Milana, 1985;Romero et al, 2019).…”