The Future: What to Forget, to Maintain and to Extend

Jan Oosterhaven

Chapter Chapter 10 in Rethinking Input-Output Analysis, 2022, pp 149-152 from Springer

Abstract: Abstract The four basic IO models are essentially unsuited as prediction models. Demand-driven IO models, however, represent a perfect descriptive device to measure the direct and indirect value added or natural resources embodied per unit consumption or exports, etc., whereas IOTs, or better SUTs, or even better SAMs, have proven to provide the indispensable data for ever more sophisticated, econometrically extended IO models and interindustry CGE models, both for single and for multiple regions and nations.

Keywords: IO quantity models; IO price models; Descriptive statistics; Consumer responsibility; Trade in value added; Social accounting matrices; Econometric IO models; Interindustry CGE models (search for similar items in EconPapers)
Date: 2022
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Chapter: Future: What to Forget, to Maintain and to Extend (2019)
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DOI: 10.1007/978-3-031-05087-9_10

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