AROCHE REYES, FIDEL; MENDOZA, MARQUEZ; ANTONIO, MARCO - Volkswirtschaftliche Fakultät, … - 2013
The demand-driven version of the open Input-Output model determines production as a function of final demand, given the … production technology. On the contrary, in the supply-sided version, value added determines output and producers must induce … that the logic of the supply-side model is not mathematically at odds with Leontief’s arguments. Rejection of the model is …