Demand-side and Supply-side Commodity-Industry Multiregional Input–Output Models and Spatial Linkages in the US Regional Economy

1990 ◽  
Vol 2 (4) ◽  
pp. 385-406 ◽  
Author(s):  
Gang Shao ◽  
Ronald E. Miller
Author(s):  
Simon Weschle

Abstract Existing research on the revolving door examines why employers hire former politicians. I complement this demand-side approach by demonstrating the importance of the supply-side. In particular, I argue that one important institutional factor that shapes politicians' willingness to leave office for a private sector job is campaign finance legislation. Less restrictive rules increase campaign spending for incumbents, which makes revolving door employment less attractive. Empirically, I use novel data from the US states and a difference-in-differences design to show that the exogenous removal of campaign finance legislation through Citizens United reduced the probability that incumbents left office to work as lobbyists. The supply-side approach provides insights into comparative differences in the prevalence of the revolving door.


1989 ◽  
Vol 21 (8) ◽  
pp. 1113-1120 ◽  
Author(s):  
R E Miller

Recent literature dealing with supply-side and demand-side Input — Output models appears to contain some confusion or at least imprecision in the use of ‘stability’, ‘joint stability’, and ‘consistency’. This comment contains a tentative proposal for terminological conventions with respect to the three concepts. These thoughts are offered against the backdrop of a recent paper by Deman which illustrates the definitional problems.


2020 ◽  
Vol 163 (2) ◽  
pp. 1107-1108
Author(s):  
Daniel C. Steinberg ◽  
Bryan K. Mignone ◽  
Jordan Macknick ◽  
Yinong Sun ◽  
Kelly Eurek ◽  
...  

2021 ◽  
Vol 30 (1) ◽  
pp. 1-19
Author(s):  
Eladio Febrero Paños ◽  
Fernando Bermejo Patón

In this paper we present a forecast of the impact of measures to stem Covid-19 on the Spanish economy at a highly disaggregate level, using input-output techniques. Our estimations cover the period 2020-2021, and we consider two scenarios depending on the possibility of a second wave of massive infections in the autumn of 2020. In 2020, the lockdown of the population and the shutdown of a large part of the production system for several weeks are a supply-side shock that will be followed by a demand-side shock whose impact is expected to be even larger. In 2021 there will be some recovery, although we believe that it will not be sufficient for offsetting the initial negative shock. al negative shock.


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