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1 results

  • 7 - Supply-Side Models, Linkages, and Important Coefficients

  • Ronald E. Miller, University of Pennsylvania, Peter D. Blair
  • Book:
    Input-Output Analysis
    Published online:
    06 January 2022
    Print publication:
    13 January 2022, pp 289-346

  • Summary

    Chapter 7 presents the so-called supply-side input–output model. It is discussed both as a quantity model (the early interpretation) and as a price model (the more modern interpretation). Relationships to the standard Leontief quantity and price models are also explored. In addition, the fast-growing literature on quantification of economic linkages and analysis of the overall structure of economies using input–output data is examined. Finally, approaches for identifying key or important coefficients in input–output models and alternative measures of coefficient importance are presented.