The Inoperability Extended Multisectoral Model and the Role of Income Distribution: A U.K. Case Study

15 Pages Posted: 6 Jun 2020

See all articles by Andrea Karim El Meligi

Andrea Karim El Meligi

affiliation not provided to SSRN

Maurizio Ciaschini

Università degli Studi di Macerata

Yousaf Ali Khan

GIK Institute of Engineering Sciences and Technology

Rosita Pretaroli

Università degli Studi di Macerata

Francesca Severini

University of Macerata

Claudio Socci

Università degli Studi di Macerata

Date Written: September 2019

Abstract

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.

Keywords: disaster impacts, inoperability input–output model, income distribution, social accounting matrix

JEL Classification: D31, D57, Q54

Suggested Citation

El Meligi, Andrea Karim and Ciaschini, Maurizio and Ali Khan, Yousaf and Pretaroli, Rosita and Severini, Francesca and Socci, Claudio, The Inoperability Extended Multisectoral Model and the Role of Income Distribution: A U.K. Case Study (September 2019). Review of Income and Wealth, Vol. 65, Issue 3, pp. 617-631, 2019, Available at SSRN: https://ssrn.com/abstract=3619329 or http://dx.doi.org/10.1111/roiw.12368

Andrea Karim El Meligi (Contact Author)

affiliation not provided to SSRN

No Address Available

Maurizio Ciaschini

Università degli Studi di Macerata ( email )

V.le del Vignola 73
Macerata 62100, MC
United States

Yousaf Ali Khan

GIK Institute of Engineering Sciences and Technology

Topi 23640
Swabi
Pakistan

Rosita Pretaroli

Università degli Studi di Macerata ( email )

V.le del Vignola 73
Macerata 62100, MC
United States

Francesca Severini

University of Macerata ( email )

V.le del Vignola 73
Macerata 62100, MC
United States

Claudio Socci

Università degli Studi di Macerata ( email )

V.le del Vignola 73
Macerata 62100, MC
United States

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