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"It is not possible to fully understand the implications of climate change on the United States without considering the interactions among sectors and their consequences," the report says.
Using a computable general equilibrium model in this context allows us to investigate the interactions among sectors, illustrated here in the novel linkages between agriculture and energy production.
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This conversation stems in large part from the "silo effect" that limits interaction among sectors concerned about the same population, in this case, rural agricultural communities.
The GTAP framework has strength because of theoretical regards, ability to represent the direct and indirect interactions among all sectors of the economy and precise detailed quantitative results (Thierfelder et al. 2007).
Economy-wide models capture implications of international trade for the economy as a whole, covering the circular flow of income and expenditure and accounting for interactions among different sectors of the economy.
Globalization can be expected to make local interactions among and between sectors less important than sector-specific ones because the latter can be more specialized.
The project aims to understand interaction among different sectors of regional economies during cyclone hazard.
The IO model requires relatively less data and can comprehensively trace interaction among different sectors of an economy.
In the absence of an interregional IO table for Bangladesh, this research uses the simple framework of a national IO table to identify interaction among different sectors of the regional economies of Bangladesh.
Because of the many possible interactions and types of feedback among sectors, development and other projects should be subject to environmental and health impact assessments.
Increasing interaction of tourist with other economic sectors: the region has a range of valuable local primary and manufactured products, which can serve the needs of the tourist sector, strengthening thus interaction among local economic sectors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com