TheEconomicsofInput-OutputAnalysis

Input-outputanalysisisthemaintoolofappliedequilibriumanalysis.Thistextbookprovidesasystematicsurveyofthemostrecentdevelopmentsininput-outputanalysisandtheirapplications,helpingustoexaminequestionssuchas:Whichindustriesarecompetitive?Whatarethemultipliereffectsofaninvestmentprogram?Howdoenvironmentalrestrictionsimpactonprices?Linearprogrammingandnationalaccountingareintroducedandusedtoresolveissuessuchasthechoiceoftechnique,thecomparativeadvantageofanationaleconomy,itsefficiencyanddynamicperformance.Technologicalandenvironmentalspilloversareanalysed,bothatthenationallevel(betweenindustries)andtheinternationallevel(themeasurementofglobalisationeffects).Thebookisself-contained,butassumessomefamiliaritywithcalculus,matrixalgebra,andthemicroeconomicprincipleofoptimizingbehaviour.Exercisesandreviewquestionsareincludedattheendofeachchapter,andsolutionsattheendofthebook.