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As shown in Fig. 2, the constructed IO table excludes foreign imports (m) in the endogenous sector and the final demand sector by subtracting them from the column direction in a lump sum.
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Source: Author's construction (a) Endogenous sectors, each region (Hokkaido pref.
The subheading should be: '(a) Endogenous Sectors, Each Region (Hokkaido pref. and the rest of Japan (ROJ)'.
First, the columns of the endogenous sectors of an IO table are accumulated to transform them into vectors (hereafter referred to as vec) ({varvec{a}}).
The SAM multipliers of ROJ are much bigger than those of Hokkaido because these multipliers depend on the ISAM structure (or relative economic size and endogenous sectors).
Let the number of endogenous industrial sectors in the columns and rows be n.
With this, we are able to calculate the endogenous private-sector dismissal probability as (bar{s}^n=(bar{s}^p-s^x)/ 1-s^x)=F(bar{tilde{h}})), from which we are able to derive the corresponding productivity threshold for firms, i.e. (bar{tilde{h}}=F^{-1}(cdot )) in the steady state.
The model features a multi-sector economy with overlapping generations, heterogeneous workers, endogenous accumulation of sector-specific experience and costly switching of sectors.
This paper adds the standard input output linkages into a multi-sector endogenous growth model to study the interaction effects between linkages and technology adoption for aggregate productivity and for income per capita.
Using a two-sector endogenous growth model, we find that in the long run a higher growth rate of real per-capita income can be attained the more cultural and human capital investments are complementary for each other in the process leading to agents' skill acquisition.
Sectors Endogenous variables ( {X}_t^j ) Output by commodity in t I t Investment in t U l Inter-temporal well-being by Inst.
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