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Projections show sharp increases in public spending on long-term care services across Europe. However, a purely cost based focus on long-term care services is economically misleading. Private and public expenditure on long-term care services directly and indirectly generate income in the form of...
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This paper combines factor demand functions and price equations derived from a Generalized Leontief cost function with the traditional input - output price model. At the first level of aggregation Generalized Leontief cost functions for the factors intermediate input and labour are set up for...
Persistent link: https://www.econbiz.de/10011491995
The rise of the service economy has been the predominant pattern of structural change in the twentieth century. This article investigates the driving forces behind the recent stages of this development. Focusing on international input - output data from the early 1970s to the 1990s, a...
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This paper sets up an input-output system of the relevant ecosystem flows that determine the carbon cycle in the global ecosystem. Introducing energy as the value added component in the ecosystem, the flows can be expressed in "energy values". Linking the ecosystem input-output model with the...
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