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input-output analysis
noun
- 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
Example Sentences
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€
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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