Abstract
The main application of the input-output model is in terms of interindustry analysis.
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Notes to Chapter III
The dominant root of A is less than unity. See Heesterman [26].
See also Chenery and Clark[12], p.95.
It is assumed here that purchase tax is charged uniformly on all domestic first registrations (new sales).
One might wish to assume constant profit margins (zero increment in p*) for some sectors, and exogenous prices (zero increment in p) for other sectors. See: Bjerkholt [3a].
For the treatment of this problem in a square system see Stone [51], pp. 39–42.
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© 1970 Springer Science+Business Media Dordrecht
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Heesterman, A.R.G. (1970). The (Static) Input-Output Model. In: Forecasting Models for National Economic Planning. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-6214-4_3
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DOI: https://doi.org/10.1007/978-94-017-6214-4_3
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