oamorgan
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Small Indirect and Induced Effects
I'm running a model of tourist spending. I enter, for example, hotel spending as industry output. I get the expected large direct effect ($1.16 million) for that sector but the secondary effects ar...
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Commodity Output or Industry Output
Hello, If I'm modeling a tourism event and we know spending on restaurants, hotels, gasoline, entertainment - should these be modeled as commodity output or industry output? Thanks.