Book contents
- Input–Output Analysis
- Input–Output Analysis
- Copyright page
- Contents
- Figures
- Tables
- Preface
- 1 Introduction and Overview
- 2 Foundations of Input–Output Analysis
- 3 Input–Output Models at the Regional Level
- 4 Organization of Basic Data for Input–Output Models
- 5 The Commodity-by-Industry Approach in Input–Output Models
- 6 Multipliers in the Input–Output Model
- 7 Supply-Side Models, Linkages, and Important Coefficients
- 8 Decomposition Approaches
- 9 Nonsurvey and Partial-Survey Methods:
- 10 Nonsurvey and Partial-Survey Methods:
- 11 Social Accounting Matrices
- 12 Energy Input–Output Analysis
- 13 Environmental Input–Output Analysis
- 14 Mixed and Dynamic Models
- 15 Additional Topics
- Postscript
- Book part
- Author Index
- Subject Index
- References
2 - Foundations of Input–Output Analysis
Published online by Cambridge University Press: 06 January 2022
Book contents
- Input–Output Analysis
- Input–Output Analysis
- Copyright page
- Contents
- Figures
- Tables
- Preface
- 1 Introduction and Overview
- 2 Foundations of Input–Output Analysis
- 3 Input–Output Models at the Regional Level
- 4 Organization of Basic Data for Input–Output Models
- 5 The Commodity-by-Industry Approach in Input–Output Models
- 6 Multipliers in the Input–Output Model
- 7 Supply-Side Models, Linkages, and Important Coefficients
- 8 Decomposition Approaches
- 9 Nonsurvey and Partial-Survey Methods:
- 10 Nonsurvey and Partial-Survey Methods:
- 11 Social Accounting Matrices
- 12 Energy Input–Output Analysis
- 13 Environmental Input–Output Analysis
- 14 Mixed and Dynamic Models
- 15 Additional Topics
- Postscript
- Book part
- Author Index
- Subject Index
- References
Summary
Chapter 2 introduces Leontief’s conceptual input–output framework and explains how to develop the fundamental mathematical relationships from the interindustry transactions table. The key assumptions associated with the basic Leontief model and implications of those assumptions are recounted and the economic interpretation of the basic framework is explored. The basic framework is illustrated with a highly aggregated model of the US economy. In addition, the “price model” formulation of the input–output framework is introduced to explore the role of prices in input–output models. Appendices to this chapter include a fundamental set of mathematical conditions for input–output models, known as the Hawkins–Simon conditions.
Keywords
- Type
- Chapter
- Information
- Input-Output AnalysisFoundations and Extensions, pp. 10 - 62Publisher: Cambridge University PressPrint publication year: 2022
References
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