The average propagation length (APL) has been proposed as a measure of the fragmentation and sophistication of an economy. For a one-sector economy, we show that the APL is strictly proportional to the macro multiplier of that economy. The same holds for strong intra-industry linkages. Hence,...

Intensive, extensive, redistributive, and transitional types of income changes are consistently combined in a comparative static demo-economic interindustry model which theoretically covers all household consumption expenditures and which uses the vacancy-chain approach to model mobility at the...