Input-Output Analysis


Book Description

This edition of Ronald Miller and Peter Blair's classic textbook is an essential reference for students and scholars in the input-output research and applications community. The book has been fully revised and updated to reflect important developments in the field since its original publication. New topics covered include SAMs (and extended input-output models) and their connection to input-output data, structural decomposition analysis (SDA), multiplier decompositions, identifying important coefficients, and international input-output models. A major new feature of this edition is that it is also supported by an accompanying website with solutions to all problems, wide-ranging real-world data sets, and appendices with further information for more advanced readers. Input-Output Analysis is an ideal introduction to the subject for advanced undergraduate and graduate students in a wide variety of fields, including economics, regional science, regional economics, city, regional and urban planning, environmental planning, public policy analysis and public management.










Techniques for Evaluating the Differences in Multiregional Input-Output Databases


Book Description

This book introduces the Eora, Global Trade Analysis Project (GTAP) and World Input-Output (WIOD) databases and provides detailed metadata on the data sources, database structures and construction techniques used to build each system. It offers a detailed account of how multi-regional input–output (MRIO) databases are used to calculate consumption-based accounts – guiding the reader through each mathematical step and explaining the associated equations. It demonstrates that different MRIO databases calculate different national level consumption-based CO2 accounts. If these results are to be used as evidence in climate policy-making, analysts need to be confident about the accuracy of the databases and understand why the results differ. It carefully explains the mathematical equations behind each technique and provides a link to a repository where the reader can access specially prepared MATLAB functions associated with the techniques. To make meaningful comparisons between the three MRIO databases, each is mapped to a consistent classification system comprising 40 countries and 17 sectors. Further, readers can access the aggregated databases using the link provided. The effect of this aggregation is shown to be minimal, so readers can be confident that the aggregated versions of each database reflect the full-sized versions. The book concludes by making recommendations as to how future MRIO databases could be accurately and consistently constructed and how they should be used in policy-making in light of the findings. Endorsement Anne Owen did a splendid job in comparing the most important Global Multiregional Input Output databases (GMRIO) available. She probably is the first to develop a good understanding what factors in GMRIO construction really contribute to uncertainties in carbon footprint analysis. A great achievement, packed in easy to understand language! Prof. Arnold Tukker Scientific director CML Leiden, NL With its thorough investigations and clear explanations of the differences in MRIO databases and outcomes, this book is compulsory reading for both skilled practitioners and scholars when starting any input-output analysis in a multiregional context. Dr. Harry C. Wilting Senior researcher, environment and economics PBL Netherlands Environmental Assessment Agency, NL A novel exposition on understanding some of the biggest datasets underpinning current global sustainability assessments. Dr. Owen straddles technical incision with practitioner relevant insights and includes a range of methodological advances that will ensure the continued relevance of this work for many years to come. Prof. Richard Wood Industrial Ecology Program NTNU, Norway




Analyzing the U.S. Content of Imports and the Foreign Content of Exports


Book Description

Mass media has frequently covered stories concerning "outsourcing" or the moving of U.S. jobs to foreign locations by U.S. multinational companies. More often than not this "outsourcing" is of benefit to the companies' owners and managers. The discussion has spilled over into the political debate with candidates for national office making statements and suggesting policies for dealing with the issue. Due to the fact that many companies have fragmented the production process, however, it is difficult to examine the effect of "outsourcing"- the transfer of a business function from inside a firm to an outside source, with no reference to borders of countries- and "offshoring"-the movement of jobs that had been in the United States to a foreign location, without regard to business ownership- on the U.S. as many imports contain U.S. parts and many exports contain foreign parts. In the current situation, Congress mandated a study by the National Research Council, which was undertaken by the Committee on Analyzing the U.S. Content of Imports and the Foreign Content of Exports under a contract with the U.S. Department of Commerce. Analyzing the U.S. Content of Imports and the Foreign Content of Exports presents the findings of the committee.The committee refers to the availability and quality of data on the foreign content of U.S. exports and the domestic content of U.S. imports as "the content question." This was not been an easy task as data on actual content simply do not exist.




British Economic Growth, 1270–1870


Book Description

This is the first systematic quantitative account of British economic growth from the thirteenth century to the Industrial Revolution.




Input-output Economics


Book Description

This collection of writings provides the only comprehensive introduction to the input-output model for which Leontief was awarded the Nobel Prize in 1973. The structural approach to economics developed by Leontief, and known as input-output analysis, paved the way for the transformation of economics into a truly empirical discipline that could utilize modern data processing technology. This thoroughly revised second edition includes twenty essays--twelve of which are new to this edition--that reflect the past developments and the present state of the field. Beginning with an introductory chapter, the book leads the reader into an understanding of the input-output approach--not only as formal theory but also as a research strategy and powerful tool for dealing with a complex modern economy.




The Economics of Input-Output Analysis


Book Description

Input-output analysis is the main tool of applied equilibrium analysis. 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 analysed, both at the national level (between industries) and the international level (the measurement of globalisation effects). The book is self-contained, but assumes some familiarity with calculus, matrix algebra, and the microeconomic principle of optimizing behaviour. Exercises and review questions are included at the end of each chapter, and solutions at the end of the book.




Wassily Leontief and Input-Output Economics


Book Description

Wassily Leontief was the founding father of input-output economics, for which he received the Nobel Prize in 1973. This book offers a collection of papers in his memory by his students and close colleagues. The first part focuses upon Leontief as an individual and scholar as well as his personal contributions to economics; the second includes new theoretical and empirical research inspired by Leontief's efforts. The collection offers a comprehensive sample of the current state of interindustry economics and is likely to appeal to a wide range of professionals.