Four Centuries of Theory & Technique in One Web-Centric Tool
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Transcript of Four Centuries of Theory & Technique in One Web-Centric Tool
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Four Centuries of Theory & Technique
in One Web-Centric Tool
Hank Robison | September 12, 2012
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L E O N T I E F
E C O N O M I C B A S E
C E N T R A L P L A C E T H E O R Y
N A T I O N A LI N T E R N A T I O N A L
W O R L D M O D E L S
E M S I M R S A M M O D E L
C L A S S I C A L E C O N O M I S T
S
S T O N E
Historical Roots ofINPUT-OUTPUT & SOCIAL ACCOUNTING THEORY
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Classical Econ-omists
François Quesnay(1694–1774)
models
William Petty(1623–1687)
inter-connectedness/circulation
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Wassily Leontief(1906–1999)
INPUT-OUTPUT ANALYSIS
Firms
Households
GO
OD
S
PA
YM
EN
TS W
AG
ES
LA
BO
R
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Firms
Households
GD
P GD
IWassily Leontief(1906–1999)
INCOME & PRODUCT ACCOUNTING
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Resident-
serving firms
Export-serving firms
Households
PAYMEN
T
WA
GE
S
PAYMEN
T
WAGES
R E G I O N A L B O U N D A R Y
L E A K A G E
LE
AK
AG
E
L E A K A G E
Export-based TheoryREGION- BUILDING
VS. REGION-FILLING INDUSTRY
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Resident-
serving firms
Households
PAY
ME
NT
PAYMEN
T
WAGES
R E G I O N A L B O U N D A R Y
LE
AK
AG
E
L E A K A G E
Export-based TheoryRESIDENTS’ OUTSIDE INCOME
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Central Place Theory
Walter Christaller(1893–1969)
August Lösch(1906–1945)
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TitleSUBTITLE
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Drainage region
H Y D R O L O G I C D I V I D E
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Seattle Functional Economic AreaSELECTED CROSS-SECTION
S P O KA N E- C D A
SEATTLE
S A N D P O I N T L E W I S T O N
M O S C O W -P U L L M A N
O R O F I N O
K A M I A H
YA K I M A
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S P O KA N E- C D A
SEATTLE
S A N D P O I N T L E W I S T O N
M O S C O W -P U L L M A N
O R O F I N O
K A M I A H
YA K I M A
Seattle Functional Economic AreaSELECTED CROSS-SECTION
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S P O KA N E- C D A
SEATTLE
S A N D P O I N T L E W I S T O N
M O S C O W -P U L L M A N
O R O F I N O
K A M I A H
YA K I M A
Seattle Functional Economic AreaSELECTED CROSS-SECTION
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S P O KA N E- C D A
SEATTLE
S A N D P O I N T L E W I S T O N
M O S C O W -P U L L M A N
O R O F I N O
K A M I A H
YA K I M A
Seattle Functional Economic AreaSELECTED CROSS-SECTION
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S P O KA N E- C D A
SEATTLE
S A N D P O I N T L E W I S T O N
M O S C O W -P U L L M A N
O R O F I N O
K A M I A H
YA K I M A
Seattle Functional Economic AreaSELECTED CROSS-SECTION
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I N S I D E I N C O M E
Earnings (created in Moscow industry) $635,980
Incommuter earnings ($38,863)
Residents’ inside earnings $597,117Property income (created in Moscow industry) $178,074
Claims of absentee owners ($55,203)
Residents’ inside property income $122,871
Residents’ total inside income $719,988
O U T S I D E I N C O M E
Outside property income $37,396
Transfer payments $94,027
Outcommuters’ income $194,315
Residents’ total outside income $325,738
Total Income $1,045,726Data by EMSI www.economicmodeling.com
Residents’ Income AccountMOSCOW, ID
( $ 1 , 0 0 0 )
( $ 1 , 0 0 0 )
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Residents’ Income AccountMOSCOW, ID
I N C O M E R E M A I N I N G I N C O M M U N I T Y
I N C O M E L E A V I N G C O M M U N I T Y
Generated Inside
Community
Generated Outside
Community
Generated Inside
Community
Generated Outside
CommunityL
AB
OR
IN
CO
ME
PR
OP
ER
TY
IN
CO
ME
N/A
N/A
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Residents’ Income AccountKETCHUM/SUN VALLEY, ID
I N C O M E R E M A I N I N G I N C O M M U N I T Y
I N C O M E L E A V I N G C O M M U N I T Y
Generated Inside
Community
Generated Outside
Community
Generated Inside
Community
Generated Outside
Community
LA
BO
R I
NC
OM
EP
RO
PE
RT
Y I
NC
OM
E
N/A
N/A
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Com-munity Economic Base*(AGGREGATE SECTORS)MOSCOW, ID University of Idaho 49%
Residents’ Outside Income 17%
Government 15%
Central Functions 14%
Other 5%
* Percentage of Total Jobs Explained by Exporting Sectors
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C H A N G E F I N A L
D E M A N D
Richard Stone(1913–1991)
SOCIAL ACCOUNTING
C H A N G E F I N A L
D E M A N D
C H A N G E F I N A L
D E M A N D
Change in Govt. Income
& Expenditures
Change in Demographic
s
Change in 800
Occupations