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INTERREGIONAL FEEDBACKS IN INPUT-OUTPUT MODELS: THE LEAST UPPER BOUND*
Authors:Antonio Guccione  William J Gillen  Peter D Blair  Ronald E Miller
Abstract:ABSTRACT. The least upper bound to the overall percentage error resulting from the omission of interregional feedbacks in input-output analysis is defined. This limiting value is the most informative of all upper bounds. A procedure for its computation is outlined and a number of experiments, using U.S. data, are discussed.
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