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Title: |
Import Contents of Final Expenditures in the
United States |
| Author: |
Yan,
Chiou-shuang; Koziari, Edward C. |
| Author
Affiliation: |
Drexel U |
| Source: |
International Economic Journal, Spring 1991, v. 5, no. 1, pp. 51-62 |
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Publication Date: |
Spring 1991 |
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Abstract: |
This paper applies the Kennedy and
Thirwall method of input-output formulation to study the differential
import effect of final expenditures in the U.S. Import contents of
consumption, investment, and government expenditures are calculated for
1958, 1963, 1967, 1972, 1977, 1981, and 1984. It also separates import
effects of trade expansion, changes in the competitive position, shifts
in the level of final demands and changes in the structure of final
demands. It is found that the import fractions of the four final
expenditures differ substantially, resulting in different income
multipliers. |
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