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input-output analysis

noun

  1. economics an analysis of production relationships between the industries of an economy involving a study of each industry's inputs and outputs, esp as used in social accounting
“Collins English Dictionary — Complete & Unabridged†2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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An Economic Model “Further development of input-output analysis and the realization of its potentialities for informed and rational decision-making at all levels of economic life call for detailed and more up-to-date tables. Comparison of the 1947 and 1958 input-output tables for the U.S. economy indicates significant changes in the input-output coefficients arising from technological innovation. Work has now begun on the preparation of an input-output table for the U.S. economy based on the data from the census of manufactures for 1963.—Wassily W. Leontiefâ€

From

Though such direct involvement in public issues is unusual for an academic economist, it flows quite naturally from Leontief's most important achievement: the development of "input-output" analysis.

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