A Summary of Input-Output Studies of The Economy of Pakistan

Ghulam RAsUL
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Ghulam RAsUL: Pakistan Institute of Development Economics Karachi

The Pakistan Development Review, 1965, vol. 5, issue 3, 408-460

Abstract: The technique of input-output analysis is now being widely used as a tool for development planning. This technique aims at a quantitative evaluation of the processes of production and consumption and the presentation of the results in a single picture. The quantitative relationships existing between different segments of the economy are shown in the form of an input-output flow-table which are then used as coefficients in a mathematical model. The model so formed is intended to reflect the most important economic variables in the system and the interrelationships existing between them. Such a model can indeed be of considerable help in determining consistent sets of economic policy and facilitating the task of the policy maker in making a choice between them.

Date: 1965
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