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.

Collects and unifies the author's and the co-authors' research papers on national accounting, input-output coefficients, economic theory, dynamic models, stochastic analysis, and performance analysis.

This title was first published in 2000: A collection of Ranko Bon's papers on input-output analysis and its applications. The underlying feature of the papers is a focus on the supply-side input-output model, which better predicts the behaviour of mature economic sectors, such as agriculture and mining, than the demand-sided model. The construction sector is especially relevant in the context of economic stability and maturity issues, as it offers an index of economic maturity for entire economies. This is the main theme that evolves through the papers collected in the book.

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.

In this authoritative Handbook, leading experts from international statistical offices and universities explain in detail the treatment and role of input-output statistics in the System of National Accounts. Furthermore, they address the derivation of input-output coefficients for the purpose of economic and environmental modeling, the building of applied general equilibrium models, the use of these models for efficiency analysis, and the extensions to stochastic and dynamic input-output analysis. As well as revealing and exploring the theoretical foundations, the Handbook also acts as a useful guide for practitioners.

This book addresses the specialized topic of input–output models for sustainable industrial systems. While these models are well-established tools for economic analysis, their underlying mathematical structure is also applicable to the analysis and optimization of a wide range of systems that are characterized by linear interdependencies among their components. This means that input–output models can be used for diverse networks, such as processes within industrial plants, industrial plants in a supply chain, or departmental units within an organization. The models can also be readily extended to interactions between man-made systems and the environment, e.g. flows of natural resources and/or pollutants. Furthermore, model variants with excess degrees of freedom can be formulated to allow optimization and decision-making to be integrated within the framework. This book examines how input–output models can be applied to sustainable industrial systems. Each major variant is discussed separately in a dedicated chapter, and representative case studies and supporting LINGO code are also included.

Industrial Ecology (IE) is an emerging multidisciplinary field. University departments and higher education programs are being formed on the subject following the lead of Yale University, The Norwegian University of Science and Technology (NTNU), Leiden University, University of Michigan at Ann Arbor, Carnegie Mellon University, University of California at Berkeley, Institute for Superior Technology in Lisbon, Eidgenössische Technische Hochschule (ETH) Zürich, and The University of Tokyo. IE deals with stocks and flows in interconnected networks of industry and the environment, which relies on a basic framework for analysis. Among others, Input-Output Analysis (IOA) is recognized as a key conceptual and analytical framework for IE. A major challenge is that the field of IOA manifests a long history since the 1930s with two Nobel Prize Laureates in the field and requires considerable analytical rigor. This led many instructors and researchers to call for a high-quality publication on the subject which embraces both state-of-the-art theory and principles as well as practical applications.