The Economics of Input-Output Analysis [Hardcover]

A graduate-level textbook which surveys the most recent developments in input-output analysis and their applications.Input-output analysis is the main tool of applied equilibrium analysis. This textbook is a systematic survey of its most recent developments and their applications, teaching students how to apply their knowledge to concrete economies. The national accounts of an economy are presented in detail and then used to build an economic model. Numbers are put on seemingly slippery issues such as efficiency, competitiveness, environmental protection, and globalization effects. Exercises and review questions are included at the end of each chapter, and solutions at the end of the book.Input-output analysis is the main tool of applied equilibrium analysis. This textbook is a systematic survey of its most recent developments and their applications, teaching students how to apply their knowledge to concrete economies. The national accounts of an economy are presented in detail and then used to build an economic model. Numbers are put on seemingly slippery issues such as efficiency, competitiveness, environmental protection, and globalization effects. Exercises and review questions are included at the end of each chapter, and solutions at the end of the book.This textbook provides a systematic survey of the most recent developments in input-output analysis and their applications, helping us to examine questions such as: Which industries are competitive? What are the multiplier effects of an investment program? How do environmental restrictions impact on prices? Linear programming and national accounting are introduced and used to resolve issues such as the choice of technique, the comparative advantage of a national economy, its efficiency and dynamic performance. Technological and environmental spillovers are analyzed, both at the national level (between industries) and the international level (the measurement of globalization effects).Preface; 1. Introduction; 2. l“„