Input-Output in the United Kingdom
Originally published in 1970. Input-output analysis has been described as the "lynch-pin of modern economic planning". Its purpose is to trace the consequences of any economic change through each sector of the economy; to measure, for example, the effects of an increase in fuel tax on the price of food, or of an expansion in car production on the country’s import bill. This kind of knowledge is cl...
Originally published in 1970. Input-output analysis has been described as the "lynch-pin of modern economic planning". Its purpose is to trace the consequences of any economic change through each sector of the economy; to measure, for example, the effects of an increase in fuel tax on the price of food, or of an expansion in car production on the country’s import bill. This kind of knowledge is cl...