Description
'The dramatic development of global production networks in the last few decades has inspired new analytical insights in the field of international trade and environmental economics. The input output analysis, once considered ''old-fashioned,'' was brought back to the stage as a key analytical tool, and this Handbook's impeccable timing captures these emerging academic interests and refreshes the image of traditional input-output users. This unique publication features multi-dimensional coverage of relevant topics rallying the expertise of statisticians, theorists, and practitioners, and hence is expected to serve a wide range of today s scientific needs. A highly informative read for students, scholars, business persons, and policy-makers alike.'- Satoshi Inomata, IDE-JETRO, Japan
The field of input-output analysis is fragmented. Statisticians collect and organize data and construct input-output coefficients. Economists analyze these coefficients and their changes to measure and explain important concepts such as productivity, efficiency and comparative advantages. Applied economists and environmental analysts then build models around input-output matrices for scenario and impact analyses. This authoritative Handbook encompasses all these elements, explaining in detail the treatment and role of input-output statistics in the System of National Accounts. Importantly, it provides a unifying global supply-use framework to tie together many of the unresolved issues in collecting statistics, constructing input-output coefficients, and their use in modeling.
Leading experts from international statistical offices and universities provide comprehensive coverage of the field, including history, theory, applications, uncertainty and dynamics. They elucidate the collection of accounting statistics, the construction of input-output tables, and their use in economic and environmental analysis. Furthermore, they examine the building of applied general equilibrium models, the use of these models for efficiency analysis, and the links to stochastic and dynamic input-output analysis.
Students and academics studying applied economics and environmental modeling and will find this an enlightening guide to the state of the art. As well as revealing and exploring the theoretical foundations, the Handbook will also act as a useful guide for practitioners.
Contributors include: J. Beutel, K. Kratena, B. Los, D.S. Meade, Y. Okuyama, J.M. Rueda-Cantuche, G. Russo, V. Shestalova, K. Swales, U. Temursho, T. ten Raa, K. Turner, R. Wood