The inoperability extended multisectoral model and the Role of Income Distribution: A U.K. Case Study
In this paper, an effort is made to enrich the current input–output (I–O) methodologies employed for studying disruptive events, by extending the I–O framework and including all the phases of the circular flow of income into the overall disaster impact. In this respect, the Inoperability Extended Mu...
Published in: | Review of Income and Wealth |
---|---|
Main Authors: | , , , , , |
Format: | Article in Journal/Newspaper |
Language: | English |
Published: |
Wiley
2018
|
Subjects: | |
Online Access: | http://dx.doi.org/10.1111/roiw.12368 https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Froiw.12368 https://onlinelibrary.wiley.com/doi/pdf/10.1111/roiw.12368 https://onlinelibrary.wiley.com/doi/full-xml/10.1111/roiw.12368 |
id |
crwiley:10.1111/roiw.12368 |
---|---|
record_format |
openpolar |
spelling |
crwiley:10.1111/roiw.12368 2023-12-03T10:22:23+01:00 The inoperability extended multisectoral model and the Role of Income Distribution: A U.K. Case Study El Meligi, Andrea Karim Ciaschini, Maurizio Ali Khan, Yousaf Pretaroli, Rosita Severini, Francesca Socci, Claudio 2018 http://dx.doi.org/10.1111/roiw.12368 https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Froiw.12368 https://onlinelibrary.wiley.com/doi/pdf/10.1111/roiw.12368 https://onlinelibrary.wiley.com/doi/full-xml/10.1111/roiw.12368 en eng Wiley http://onlinelibrary.wiley.com/termsAndConditions#vor Review of Income and Wealth volume 65, issue 3, page 617-631 ISSN 0034-6586 1475-4991 Economics and Econometrics journal-article 2018 crwiley https://doi.org/10.1111/roiw.12368 2023-11-09T13:44:00Z In this paper, an effort is made to enrich the current input–output (I–O) methodologies employed for studying disruptive events, by extending the I–O framework and including all the phases of the circular flow of income into the overall disaster impact. In this respect, the Inoperability Extended Multisectoral Model is created and implemented in order to estimate the higher‐order effects in terms of value added and disposable income. The social accounting matrix, referred to the United Kingdom, is constructed and proposed as a starting point for assessing the effects of a system perturbation related to the eruption of the Volcano Eyjafjallajökull, in mid‐April 2010, which affected air transport services due to the full closure of the U.K.'s airspace for several days. Finally, the ranking of those commodities and institutional sectors which are badly affected can provide guidance to policymakers in order to minimize the overall impact on the economy. Article in Journal/Newspaper Eyjafjallajökull Wiley Online Library (via Crossref) Review of Income and Wealth 65 3 617 631 |
institution |
Open Polar |
collection |
Wiley Online Library (via Crossref) |
op_collection_id |
crwiley |
language |
English |
topic |
Economics and Econometrics |
spellingShingle |
Economics and Econometrics El Meligi, Andrea Karim Ciaschini, Maurizio Ali Khan, Yousaf Pretaroli, Rosita Severini, Francesca Socci, Claudio The inoperability extended multisectoral model and the Role of Income Distribution: A U.K. Case Study |
topic_facet |
Economics and Econometrics |
description |
In this paper, an effort is made to enrich the current input–output (I–O) methodologies employed for studying disruptive events, by extending the I–O framework and including all the phases of the circular flow of income into the overall disaster impact. In this respect, the Inoperability Extended Multisectoral Model is created and implemented in order to estimate the higher‐order effects in terms of value added and disposable income. The social accounting matrix, referred to the United Kingdom, is constructed and proposed as a starting point for assessing the effects of a system perturbation related to the eruption of the Volcano Eyjafjallajökull, in mid‐April 2010, which affected air transport services due to the full closure of the U.K.'s airspace for several days. Finally, the ranking of those commodities and institutional sectors which are badly affected can provide guidance to policymakers in order to minimize the overall impact on the economy. |
format |
Article in Journal/Newspaper |
author |
El Meligi, Andrea Karim Ciaschini, Maurizio Ali Khan, Yousaf Pretaroli, Rosita Severini, Francesca Socci, Claudio |
author_facet |
El Meligi, Andrea Karim Ciaschini, Maurizio Ali Khan, Yousaf Pretaroli, Rosita Severini, Francesca Socci, Claudio |
author_sort |
El Meligi, Andrea Karim |
title |
The inoperability extended multisectoral model and the Role of Income Distribution: A U.K. Case Study |
title_short |
The inoperability extended multisectoral model and the Role of Income Distribution: A U.K. Case Study |
title_full |
The inoperability extended multisectoral model and the Role of Income Distribution: A U.K. Case Study |
title_fullStr |
The inoperability extended multisectoral model and the Role of Income Distribution: A U.K. Case Study |
title_full_unstemmed |
The inoperability extended multisectoral model and the Role of Income Distribution: A U.K. Case Study |
title_sort |
inoperability extended multisectoral model and the role of income distribution: a u.k. case study |
publisher |
Wiley |
publishDate |
2018 |
url |
http://dx.doi.org/10.1111/roiw.12368 https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Froiw.12368 https://onlinelibrary.wiley.com/doi/pdf/10.1111/roiw.12368 https://onlinelibrary.wiley.com/doi/full-xml/10.1111/roiw.12368 |
genre |
Eyjafjallajökull |
genre_facet |
Eyjafjallajökull |
op_source |
Review of Income and Wealth volume 65, issue 3, page 617-631 ISSN 0034-6586 1475-4991 |
op_rights |
http://onlinelibrary.wiley.com/termsAndConditions#vor |
op_doi |
https://doi.org/10.1111/roiw.12368 |
container_title |
Review of Income and Wealth |
container_volume |
65 |
container_issue |
3 |
container_start_page |
617 |
op_container_end_page |
631 |
_version_ |
1784270304011354112 |