Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/78614 
Year of Publication: 
2012
Citation: 
[Journal:] Journal of Economic Structures [ISSN:] 2193-2409 [Volume:] 1 [Publisher:] Springer [Place:] Heidelberg [Year:] 2012 [Pages:] 1-18
Publisher: 
Springer, Heidelberg
Abstract: 
This paper addresses the question whether the results of input-output (IO) impact analyses differ (and to what extent) when a framework in current prices or in constant prices is used. We consider the effect of an exogenous stimulus of final demand in current prices on (a) gross output in constant prices, and (b) employment. In an empirical application to Denmark, we found that all predicted effects were very similar. This holds in particular for the results at the aggregate, economy-wide level and, to a lesser extent, at the sectoral level.
Subjects: 
input-output tables
impact analysis
current prices
constant prices
JEL: 
C67
D57
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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