Questions tagged [input-output]

Input-output models as used by Wassily Leontief.

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104 views

Optimal Production Input in Relation to Cost Minimization Problem

I was doing my homework and got really confused about how to approach the optimal levels of inputs when there are three variables. My current understanding is that the problem is to solve the ...
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1answer
45 views

How to prove that a concave production imply that the input requirement sets are convex?

According to page 7 of this slide, "A convex production set Y implies that the associated input requirement set V(y) is convex". How can one go about proving it?
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0answers
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Data for CGE experiments?

Does anyone know of any open-source U.S. data sets in a format appropriate to whole-economy CGE econometric modeling, i.e. data sets covering the entire economy, divided into at least 20 sectors, with ...
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0answers
4 views

How to estimate Enterprise Savings from the National Accounts?

I am looking for a way to estimate private savings/enterprise savings (for non-financial enterprises). I have looked at national accounting data for Panama but I am not sure how to estimate private ...
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1answer
34 views

In a social accounting matrix, what does Capital refer to?

In the process of building a social accounting matrix for Panama, I am trying to understand what capital refers to. The Panamanian National Accounts have tables on capital, but they describe gross ...
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1answer
21 views

When building a social accounting matrix, do you input domestic intermediate demand or total intermediate demand?

I have been trying to build a social accounting matrix (SAM) after building an input-output table (IOT). In the IOT, I had to distinguish between total intermediate demand (which includes import of ...
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1answer
79 views

How to build a Social Accounting Matrix from an Input-Output Table?

I built an Input-Output table (IOT) with the industryXindustry format because I thought it was a building block to build a social accounting matrix (SAM). But now I realize that I can't transpose the ...
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0answers
19 views

How do I simulate technological change in an input-output model?

I am interested in using environmentally-extended input-output models to construct different scenarios representing waste reduction (efficiency gains) in different economic sectors representing stages ...
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0answers
10 views

Building an square product-to-product table based on rectangular supply and use tables

I need a product-to-product input-output (I-O) table to conduct environmentally extended I-O analysis. I have supply and use tables at basic prices relating different industries and products, but ...
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0answers
35 views

What is the difference between personal consumption expenditure price and PCE quantity?

What is the difference between these two things? How is PCE price different from PCE quantity? Also, I am confused about the difference between PCE quantity and measure of real output. For example, ...
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0answers
76 views

How is Aggregate Supply(Willing) equal to National Income(Actual)?

Acc. to definition of Aggregate Supply It is the total value of final goods and services that the producers are willing to supply in country . Definition of National Income It is the value of ...
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2answers
196 views

What does the Leontief Inverse represent? (Intuitive Meaning or Real World Concept)

I encountered that nobody, even my profs and lecturers so far, has an intuitive way to explain what the Leontief inverse represents. Does somebody here? As most people here would know, it goes: $\ ...
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1answer
2k views

Quasi Fixed Input

What is quasi fixed cost? What is the difference between fixed and quasi-fixed cost? Is capital, land and labour considered a quasi fixed cost for a firm? I have read that when the firm wants to take ...
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1answer
2k views

Is the capital-output ratio in developing countries low or high?

For a developing economy, I've seen sources claiming that the capital-output ratio (more commonly known as ICOR) is high (e.g. here and here), while other sources claiming that it's low, like below (...
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0answers
150 views

Relationship Input Distance Function and Output Distance Function

I was wondering if anybody knows how input distance functions (IDF) and output distance functions (ODF) relate to each other. One of the advantages of distance functions over cost and revenue ...
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0answers
116 views

Regional disaggregation of a national input-output table

I am trying to disaggregate a "national" input-output table into three regions using Simple Location Quotients (SLQs) and RAS balancing. In particular, I'm trying to use the "Two region logic with ...
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1answer
183 views

What would the determinant of the input-output matrix represent? What is the intuition?

I know that the determinant of a 2x2 matrix represents the oriented area of the parallelogram represented by the vectors in the matrix. For 3x3 or higher order matrix it represents the oriented volume....
3
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1answer
196 views

Have social accounting matrices and input output models fallen out of fashion? if so, why?

My perception may be uninformed but 'worldwide' I believe collection of official data on input output tables of economies dont seem to be keeping up with the times. Im aware that compilation of such ...
4
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1answer
129 views

Where can I find information on relationships between different commodities?

I'm looking for information about relationships between commodities. Essentially, what things do you need to use to produce other things. The info doesn't need to reflect the current state of ...
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0answers
20 views

Evaluate projects'/investments' impact on whole economy

I have 200 ROI investment examples (projects) in a specific industry, say manufacturing of microprocessors. How and what methods can I use to evaluate the impact (GDP, added value, job growth, etc.) ...
6
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3answers
227 views

How to deal with a singular Leontiev inverted matrix?

I am currently studying and experimenting the input-output methodology. It is a 1930's method based on national accountings that allows to measure the interindustry flow of good and services. ...