A country’s economy involves complex input-output (IO) structures of goods and services. The IO models, important instrument for economic and forecasting analysis, provide a reliable back-ground for scientists of structural economic changes acting under the influence of various factors. In...

The construction of extended supply and use and input-output tables has been presented as a means of addressing some of the current challenges for the national accounts that are induced by economic globalisation. Such tables take into account within-industry firm heterogeneity that is not...

In India, the constant price Input-output (I-O) flows receive comparatively less attention. Large data requirements and availability constraints compel users of constant price flows and real technology coefficients to work with only one price deflator namely, output deflator. The deflation...

The energy balance due to embodied energy use may be significant for trade dependent economies. In this paper, authors estimate the balance of embodied energy in India's international trade at aggregate and sector levels. Over time, the composite energy sector (including primary and secondary...

Considering households in inter-industry models is an important issue for building a realistic macroeconomic model. This is why we examine three attempts to close the Leontief input-output model, the classical approach (Type I and Type II multipliers), ten Raa model, and Klein model. Then we...

This paper highlights the increasing significance of energy in the Indian economy. The analysis is based on changing dynamics of the supply-and-use relationships among various sectors of the economy. It is observed that energy is an increasingly important input to Indian manufacturing. Since...

It is hard to think about the contributions of Michael Sonis to Input-Output Analysis without taking into consideration his joint work with Geoffrey Hewings. Both are linked together into a type n, n → ∞, multiplier of theory and knowledge. This paper makes a brief presentation of the...

This study presents the output, gross value added and employment multipliers for the Greek economy based on the most recent Input-Output tables of 2015, which were compiled according to the European System of Accounts (ESA) 2010. The analysis utilises the Leontief model, in both the “open”...

The objective of this paper is to identify Australia's high employment generating industries. It attempts to do this by using the 1996-97 input-output table. The direct and indirect contribution of the tradeable industries to employment are quantified by adopting the 'loss of the industry' or...

In recent years, there has been a resurgence of interest in the controversies surrounding capital theory. At the heart of these debates are the empirically observed near-linearities in the price-rate of profit and wage rate of profit curves. This article posits that these near-linearities can be...