Creating economic multiplier effects
- Building forward and backward economic linkages
Description
National economic multiplier effects are defined as the ratio of the change in national income to the initial change in the sectoral investment. Thus, an initial investment of $1,000 may cause an increase in the national economy of $2,500 -- in which case the multiplier would be 2.5. Income multipliers would be how much income is created per unit of expenditure on income generation, and so on.
Broader
Narrower
Facilitated by
Value
SDG
Metadata
Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
Industry » Construction
Economics » Economic
Content quality
Yet to rate
Language
English
Last update
Dec 3, 2024