On the Sensitivity Analysis of the IIM: A Rejoinder

Marco Percoco published in Society for Risk Analysis

Marco Percoco (Department of Policy Analysis and Public Management) published On the Sensitivity Analysis of the IIM: A Rejoinder in Society for Risk Analysis, January 2012, Volume 32, Issue 1, pag. 7-8, doi: 10.1111/j.1539-6924.2011.01753.x

Abstract: Natural andman-made disasters are currently a source of major concern for contemporary societies. In order to understand their economic impacts, the inoperability input-output model has recently gained recognition among scholars. In a recent paper, Percoco (2006) has proposed an extension of the model to map the technologically most important sectors through so-called fields of influence. In the present note we aim to show that this importance measure also has a clear connection with local sensitivity analysis theory.