Price Dynamics in an Input-output Model PDF Download

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 6

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Author: Michelle Morciano
Publisher:
ISBN:
Category : Great Britain
Languages : en
Pages : 322

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Author: Simon Domberger
Publisher:
ISBN:
Category : Prices
Languages : en
Pages : 52

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Author: Wassily Leontief
Publisher: Oxford University Press, USA
ISBN: 0195035275
Category : Input-output analysis
Languages : en
Pages : 449

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This collection of writings provides the only comprehensive introduction to the input-output model for which Leontief was awarded the Nobel Prize in 1973. The structural approach to economics developed by Leontief, and known as input-output analysis, paved the way for the transformation of economics into a truly empirical discipline that could utilize modern data processing technology. This thoroughly revised second edition includes twenty essays--twelve of which are new to this edition--that reflect the past developments and the present state of the field. Beginning with an introductory chapter, the book leads the reader into an understanding of the input-output approach--not only as formal theory but also as a research strategy and powerful tool for dealing with a complex modern economy.

Author: Thijs ten Raa
Publisher: World Scientific
ISBN: 9812833668
Category : Business & Economics
Languages : en
Pages : 568

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Collects and unifies the author's and the co-authors' research papers on national accounting, input-output coefficients, economic theory, dynamic models, stochastic analysis, and performance analysis.

Author: P. M. C. de Boer
Publisher: Springer Science & Business Media
ISBN: 3642464602
Category : Business & Economics
Languages : en
Pages : 153

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1.1. Pre Ziminary remarks Input-output analysis is one of the most extensively used tools of economic science. It has been introduced by Leontief (1941) who assumed that inputs into a production process of a particular sector of economic activity is a constant fraction of the output of that process in physicaZ terms. National account statisticians, however, record the inputs and outputs of sectors of economic activity in money flows. If those flows were voZumes (evalu ated at constant prices, pertaining to a certain base year) they could represent the physical amounts Leontief dealt with. Then, the Leontief assumption turns into constancy of ratios of volumes of inputs to volumes of output. For an over view of (traditional) input-output analysis we refer to section 4.1.1. In practice, however, input-output tables in volumes are seldom available; since as a rule they are expressed in monetary vaZues (i.e. evaluated at current prices). In that case one generally assumes that the ratios between inputs (in value terms) and outputs (in value terms) are constant. In appendix B to chapter 4 we prove that the two variants described above can be couched in terms of the (neo-classical) theory of costs subject to a production function.

Author: National Academy of Engineering
Publisher: National Academies Press
ISBN: 0309049377
Category : Science
Languages : en
Pages : 270

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In the 1970s, the first wave of environmental regulation targeted specific sources of pollutants. In the 1990s, concern is focused not on the ends of pipes or the tops of smokestacks but on sweeping regional and global issues. This landmark volume explores the new industrial ecology, an emerging framework for making environmental factors an integral part of economic and business decision making. Experts on this new frontier explore concepts and applications, including: Bringing international law up to par with many national laws to encourage industrial ecology principles. Integrating environmental costs into accounting systems. Understanding design for environment, industrial "metabolism," and sustainable development and how these concepts will affect the behavior of industrial and service firms. The volume looks at negative and positive aspects of technology and addresses treatment of waste as a raw material. This volume will be important to domestic and international policymakers, leaders in business and industry, environmental specialists, and engineers and designers.

Author: Dennis J. Snower
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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This paper provides a new explanation of why inflation is sluggish in response to aggregate demand shocks and why aggregate output changes as result of such shocks. We argue that these phenomena are related to lags between inputs and outputs in the production process, "production lags" for short. The broad intuition is that production activities in a modern economy are interconnected through complex input-output relations, with production lags within individual firms, and that it takes considerable time for cost and price changes to penetrate the entire input-output system. Our analysis provides a rationale for a prolonged inverse relation between inflation and unemployment. The paper suggests that the interaction of inflation persistence and unemployment persistence may offer a possible explanation of high and prolonged European unemployment.

Author: M. Giaschini
Publisher: Springer
ISBN:
Category : Business & Economics
Languages : en
Pages : 438

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Book Description
The twenty-two chapters included in this book were written by as many scholars working independently of each other in different countries. They present, nevertheless, a well integrated picture of systematic advance in the field of input-output analysis on the broad front, stretching from formal mathematical modelling, through construction of large, specialized databases to detailed empirical inquiry and concrete examples of practical applications. While reflecting a great variety of individual interests and working styles, these contributions taken together provide evidence of what might appear to be co ordinated efforts. This coherence has not been brought about by the central guidance so typical of modern large-scale research. It simply reflects the internal discipline and cohesiveness of a particular methodological approach. In input-output analysis, empirical inquiry and theoretical model building have to be carried out hand-in-hand. If the aim of the investigation is to provide concrete, detailed explanation of observed reality, building an elaborate mathematical model makes little sense without an appropriate database. The language and the terminology used in the construction of that database must, however, be exactly the same as that employed in the formulation of the theoretical model. The same specifications and definitions must, of course, be adhered to - after the theoretical computations have been completed - in the interpretation of the numerical results.

Author: Ronald E. Miller
Publisher: Cambridge University Press
ISBN: 110862720X
Category : Business & Economics
Languages : en
Pages : 1116

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Book Description
This essential reference for students and scholars in the input-output research and applications community has been fully revised and updated to reflect important developments in the field. Expanded coverage includes construction and application of multiregional and interregional models, including international models and their application to global economic issues such as climate change and international trade; structural decomposition and path analysis; linkages and key sector identification and hypothetical extraction analysis; the connection of national income and product accounts to input-output accounts; supply and use tables for commodity-by-industry accounting and models; social accounting matrices; non-survey estimation techniques; and energy and environmental applications. Input-Output Analysis is an ideal introduction to the subject for advanced undergraduate and graduate students in many scholarly fields, including economics, regional science, regional economics, city, regional and urban planning, environmental planning, public policy analysis and public management.