On the Methodology of Input–Output Analysis

Thijs ten Raa

Chapter 9 in Input–Output Economics: Theory and Applications:Featuring Asian Economies, 2009, pp 123-149 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe basic elements of input–output analysis, notably technical coefficients, quantity and value equations, and a total factor productivity growth measure, are derived as intermediate constructs when the problem of national income or product determination is directly related to input and output flow data. By embedding input–output concepts in a neoclassical framework, specification issues are resolved, notably the problems of construction of coefficients and of determination of value. Conversely, neoclassical concepts of marginal productivities can be related to a consistent input–output framework of data. Sources of substitution are identified.

Keywords: Input–Output Analysis; National Accounts; Productivity; Performance; Canadian Economy; Chinese Economy; Indian Economy; Asian Economics (search for similar items in EconPapers)
Date: 2009
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Journal Article: On the methodology of input-output analysis (1994)
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