a r t i c l e i n f o We explore the sectoral and aggregate implications of some endogeneization rules (i.e. on value-added and final demand) which have been common in the extended demand-driven Leontief model and have been recently proposed in the supply-driven Ghosh model. Extended linear models are refinements that aim at endowing the linear models with additional general equilibrium feedbac...

Joint-stability in interindustry models relates to the mutual simultaneous consistency of the demand-driven and supply-driven models of Leontief and Ghosh, respectively. Previous work has claimed joint-stability to be an acceptable assumption from the empirical viewpoint, provided only small changes in exogenous variables are considered. We show in this note, however, that the issue has deeper ...

This paper proposes and studies the reachability of a singular regular dynamic discrete Leontief-type economic model which includes production industries, recycling non-renewable products in an integrated way. The designed prefixed final state to be reached, under discussed conditions, is subject necessary additional positivity-type constraints depend on initial conditions time for solution mat...

This paper investigates key sectors of Turkish Economy by using the sector classification proposed Hewings (1974). The proposes a new measure based on Rasmussen’s forward linkage “sensitivity dispersion index”. measures given Rasmussen are Leontief inverse matrix, which is demand driven. translates to supply-driven models Ghosh matrix. Application part calculates backward and linkages Turkey 20...

The present study is to indicate that the comparison between sectoral production multipliers of an input-output (I/O) model and a social accounting matrix (SAM) framework is almost impossible without taking into account accounting balances and theoretical considerations. Theoretically, the I/O model provides the Leontief’s production function, on the basis of which sectoral output multiplier ca...

This note shows that Leontief's well-known demand-driven input–output (IO) quantity model may also be interpreted as the almost unknown revenue-pull IO price model, but measured in value terms instead of prices. It is shown how these two models combined into a single ultimate equation. An analogous result holds for supply-driven and cost-push which results The new interpretation Leontief opens ...

There may be several possible procedures, each one suitable to a particular theoretical and institutional framework, to formulate the relationship between Ct and Xt, the latter determining the former. A simple procedure in line would be to consider employment as a function of the level of output and in turn, consumption demand as a function of the level of employment. Set to equilibrium, both C...

1 Background Total impact multipliers (TIMs) are factors derived from input–output analysis (IOA) that show the total, economy-wide attribution of impacts from production to one unit of final demand. One example is the attribution of greenhouse gas (GHG) emissions of all industries in an economy to the final demand of a particular product. This metric is called the carbon footprint of the produ...

We study the behavioral definition of complementary goods: if the price of one good increases, demand for a complementary good must decrease. We obtain its full implications for observable demand behavior (its testable implications), and for the consumer’s underlying preferences. We characterize those data sets which can be generated by rational preferences exhibiting complementarities. In a mo...