Application of Input Output Analysis to the Production of Services

AbstractInput Output Analysis is a powerful tool to formally analyze the economics of service production in business terms. Through its methodology, it is able to integrate different approaches from other disciplines and address their shortcomings in terms of production theory.This review paper provides at first an overview of which key areas of service production the Input Output Analysis has been successfully applied to. The digital transformation is a new challenge for the application of this analysis tool. So, secondly an overview of areas of service production follows in which the digital transformation places new demands on the application of Input Output Analysis