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Input-output analysis

Author

Listed:
  • Cheng, Dazhong
  • Daniels, Peter

Abstract

Input–output analysis describes the interdependence between industries in an economy. General equilibrium theory provides the theoretical foundation for input–output analysis, while the input–output table is a prerequisite for empirical input–output work. Advances in science and technology, especially the development of high-speed computers, have made input–output analysis more comprehensive and practical. Among the most important developments in input–output analysis are the implementation of computable general equilibrium (CGE) models and the ability to continually update and expand the tables. Input–output analysis is very helpful for investigating the growth and involvement of producer services in an economy.

Suggested Citation

  • Cheng, Dazhong & Daniels, Peter, 2017. "Input-output analysis," MPRA Paper 108671, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:108671
    as

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    References listed on IDEAS

    as
    1. Carl F. Christ, 1955. "A Review of Input-Output Analysis," NBER Chapters, in: Input-Output Analysis: An Appraisal, pages 137-182, National Bureau of Economic Research, Inc.
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    More about this item

    Keywords

    backward linkage coefficient; computable general equilibrium (CGE) model; forward linkage coefficient; general equilibrium theory; producer services; System of National Account (SNA);
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models

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