This advanced textbook provides a straightforward but comprehensive introduction to applied general equilibrium modeling. General equilibrium is the backbone of modern economic analysis, which is why generation after generation of economics students have been introduced to it. As an analytical...

This year marks the 25th anniversary of the International Input--Output Association and the 25th volume of <italic>Economic Systems Research</italic>. To celebrate this anniversary, a group of eight experts provide their views on the future of input--output. Looking forward, they foresee progress in terms of...

We reconsider in this paper the alleged implausibility of Ghosh's model and we do so reformulating the model to incorporate an alternative closure rule. Our proposed closure rule is in line with the original allocation rules defined by A. Ghosh. The closure solves, to some extent, the...

Multipliers are routinely used for impact evaluation of private projects and public policies at the national and subnational levels. Oosterhaven and Stelder (J Reg Sci 42(3), 533–543, <CitationRef CitationID="CR9">2002</CitationRef>) correctly pointed out the misuse of standard ‘gross’ multipliers and proposed the concept of...</citationref>

We develop a scale-dependent nonlinear input–output model which is a practical alternative to the conventional linear counterpart. The model contemplates the possibility of different assumptions on returns to scale and is calibrated in a simple manner that closely resembles the usual technical...

Within the standard linear framework, a methodology, formally similar to the labour theory of value, is proposed to compute the direct and indirect commodity contents of any produced good. The proposal is then compared with the more familiar social accounting matrix (SAM) accounting procedure,...