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.

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.

As a result of a contract awarded by the Construction Engineering Research Laboratory, U.S. Army Corps of Engineers, and the Environmental Pro tection Agency, a workshop on the methodology of economic impact analy sis was held at Hueston Woods State Park Lodge in Oxford, Ohio, April 13-15, 1977. Leading researchers in regional modeling were gathered to take stock of current developments in the field and to put forth new ideas and directions for research. Also attending the workshops were individuals from various governmental agencies that use regional models and economic impact statements. Preliminary versions of the papers appearing in this vol ume served as focal points for discussions that have hopefully continued, stimulating further thinking of the problems addressed. The objectives of the conference were not only to explore recent develop ments in methodology but also to expose users of economic impact analyses to a wide variety of models and applications and to acquaint academicians with the needs of users. The papers appearing in this volume represent only a portion of the output of this workshop.

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.