The Use of Input-Output Models in Local Impact Analysis

Could a new Scottish CO2 transport and storage industry deliver employment multiplier and other wider economy benefits to the UK economy?

“…Multi-sector demanddriven modelling approaches using published IO matrices are widely deployed in assessing potential local/regional economy impacts of a range of activities and initiatives (e.g. see Bishop et al, 2000;Crawley and Munday, 2017;Gibb and Keoghan, 1998;Jones and Munday, 2004, in this journal). Moreover, they have already been applied on an international stage in making the economic and socio-economic case for CCS in nations such as China, the Netherlands, Norway, US and the UK (e.g.…”

Assessing the Regional Economic Impacts of Defense Activities: A Survey of Methods

“…In a study about the Devonport Dockyard, Bishop () concluded that “local supply linkages were important but primarily involved services.” Several years later, Bishop et al . () would set up an IOM to exactly measure those linkages. Asteris et al .…”

“…Second, even if IOMs are often considered to be the models , they clearly do not account very well for business links and networks, i.e., technological and nonpecuniary externalities, “that may be of economic significance, such as the transmission of knowledge and informal cooperation” (Bishop et al ., ), the latter of which is related to the difficulty of incorporating technical progress in the model with changes in the technical coefficients. Moreover, in IOMs, pecuniary externalities are not considered.…”

“…For example, in Languedoc Roussillon (South of France), Fas () mentioned the absence of cross‐industry accounting at the subnational level. In this sense, “the principal obstacle to input–output analysis is the lack of quality input–output tables at a local or regional level” (Bishop et al ., ), and building such a model often requires a significant investment (Martin, ).…”

Impacts of road transport infrastructure investments on the Latin American Integration Route

“…We conduct a structural impact analysis using an updated input-output matrix for the state of Mato Grosso do Sul in 2021 prices. Following Bishop and Brand (2000) and Batey (1992), we identify the primary transportation infrastructure projects that connect the existing transport infrastructure to LAIR. The total values of these projects were utilized to construct a disbursement curve within an S-curve framework, thus avoiding the unrealistic assumption of a single disbursement over time.…”