The importance of this algebraic manipulation is notable because it allows linking a measurable and observable magnitudes ( corresponding to the Input-Output analysis ) with more compact magnitudes which have a deeper economic significance for the dynamic analysis.
22.
To calculate the multiplier effect of increased spending on sports, analysts use a standard tool of economics called input-output analysis, which effectively describes how much will be spent on mustard for every extra $ 1, 000 spent on hot dogs.
23.
This is because while most uses of the input output analysis focus on the matrix set of interindustry exchanges, the actual focus of the analysis from the perspective of most national statistical agencies is the benchmarking of gross domestic product.
24.
Oosterhaven completed his MA in Econometrics at the Erasmus University Rotterdam in 1969, and obtained a PhD on " Interregional Input-Output Analysis and Dutch Regional Policy Problems " from the University of Groningen in 1981 ( published with Gower ).
25.
This formula is the core of environmentally extended input-output analysis : The final demand vector can be split up into a domestic and a foreign ( exports ) component, which makes it possible to calculate the material inputs associated with each.
26.
However, his experience in the field of input-output analysis ( he also built an input-output table for Guatemala ) led to the publication of his first book with a foreword by the Nobel laureate Wassily Leontief ( Input-Output Analysis for Developing Countries : Sources, Methods and Applications, 1982 ).
27.
However, his experience in the field of input-output analysis ( he also built an input-output table for Guatemala ) led to the publication of his first book with a foreword by the Nobel laureate Wassily Leontief ( Input-Output Analysis for Developing Countries : Sources, Methods and Applications, 1982 ).
28.
For Lal the sources of this " dogma " is Keynesian macroeconomics-with its macro quantity adjustments, the growth and spread of national income accounting, the increased use of macroeconometrics ( a la Tinbergen and his associates and successors ), and the increased use input-output analysis ( a la Leontief ).
29.
This book became a book from which a whole generation of Italian students ( and in some Universities also non-Italian students ) have learnt the theoretical scheme of Piero Sraffa, expressed in matrix notation ( with a mathematical appendix devoted to the basic elements of matrix algebra ) and the Input-Output analysis of Wassily Leontief.
30.
Following the model of his so-called input-output analysis, General Electric, for example, was able to load data from 184 sectors of the economy _ such as energy, home construction and transportation _ into a mammoth computer to help it predict how the energy crisis brought on by the Arab oil boycott in 1973 would affect public demand for its products and services, from light bulbs to turbines.
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