A MULTIREGIONAL, MULTIPRODUCT, HOUSEHOLD INTERACTIVE, VARIABLE INPUT-OUTPUT MODEL

This paper introduces a multiregional, multiproduct, household interactive, variable input-output (MMHIVIO) model. The MMHIVIO model is a general equilibrium model which captures the interactions and the optimizing behavior of consumers and producers in the space economy. It is not only consistent with the theories of consumer and producer behavior, it also makes it relatively easy to solve because it reduces to several blocks of linear systems of equations. The model is used to evaluate the economic effects of the Ohio River Navigation System. © 1991 Springer-Verlag.