Hi, I've analyzed the impact of household spending on a state and on its component regions. The spending in the regions sums to that in the state. In the state and several of its regions, the output impact is less than the spending. In two of the regions, the output impact is higher than the spending. I expected the ratio of impact to spending to be lower in the parts than in the whole because the chance for leakage would be higher. Is that a relationship which is necessarily so, or just sometimes so? The regions were the impact to spending ratio is higher than the statewide average have the highest spending and may have the highest ratio of spending to the regional economy. Should that play a role? Any guidance? Thank you.
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