Leontief and the Future of the World Economy
نویسنده
چکیده
The world model was designed by Leontief as a tool for exploring the future of the world economy. This paper reviews the process of design and calibration of this model, and the main simulation runs that were performed in the early 1970s looking towards 2000. The results of that scenario are compared with observed developments during the period. An agenda is provided for further research in this area with models incorporating input– output tables and the new scenario’s methodologies.
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