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This volume investigates the structural interdependencies of the American economy through the application of input-output analysis to quantify the flow of goods and services between industrial sectors. Wassily Leontief, a Nobel laureate in Economics, utilizes his pioneering mathematical framework to map the complex relationships within a national economy. By integrating empirical data with theoretical modeling, the author demonstrates how changes in final demand propagate through various production chains. The text serves as a rigorous examination of how quantitative methods can provide a comprehensive view of economic equilibrium and industrial output.
What You Will Find
Economists and historians of economic thought recognize this work as a foundational text for the development of modern input-output analysis. Readers frequently note the high level of mathematical rigor and the technical density required to fully grasp the author's empirical modeling techniques.
Page Count:
561
Publication Date:
1953-01-01
Publisher:
Oxford
ISBN-10:
0195006186
ISBN-13:
9780195006186
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