A study of optimal resources allocation models for the Northern Ireland economy

Abstract

To aid the development of plans for Northern Ireland, economists have been concerned with the formulation of various types of models. A significant contribution in this respect is the recent construction of input-output tables for Northern Ireland. These tables have opened a new avenue for building descriptive and quantitative models of the Northern Ireland economy, they permit important inter-industry analysis, on a detailed basis and, in addition, provide a consistent framework for multiplier analysis and forecasting .