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This issue provides a broad understanding of the concept of economic impact multipliers, and reviews the various approaches and uses of some of the available estimates of multipliers for the province. It also discusses the general concept of the circular flow of income and the impact multiplier, and examines the concept of the impact multiplier in the context of the macroeconomic model for a provincial or national economy. In addition, it reviews input-output analysis which examines an economy at a disaggregated industry level, and discusses the limitations of multiplier analysis.

This document contains five articles providing historical analysis of the provincial and territorial economies from 1981 to 2002. It looks at their structural changes from the perspectives of the evolution of industries and the different components of the Gross Domestic Product (GDP).