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Mura - Input-output

Mura - Input-output

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Published by Carol Savia Peters

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Published by: Carol Savia Peters on Sep 27, 2012
Copyright:Attribution Non-commercial

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06/08/2014

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Input-OutputModel
URP 6200Joseph Zamora
 
Input-Output Analysis
Wassily Leontief b. 1906
Nobel Prize, 1973
…for the development of the input
output method and for itsapplication to important economicproblems.
 x = (I-A)
-1
 y 
 
Input-Output Basically Described:
Large tables of data that describe theinterconnectedness of the industries, households,
and government entities in an area… the output of 
an industry will appear as the input of otherindustries.
This
helps us to track the flow of money
from oneentity to the next
Economic Modeling Specialists, Inc. (2008)
Practical Input-Output Modeling for Regional Development.www.

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