Modifying a one region Leontief input-output model to show sector capacity constraints
A one-region Leontief input-output model may be modified to show sector capacity constraints or "sector destruction". The economist must know the degree of sector destruction, level of imports of the destroyed sector's product, and make certain assumptions about the regional economy....
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| Published in | Western Journal of Agricultural Economics (USA) Vol. 3; no. 2 |
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| Main Authors | , |
| Format | Publication |
| Language | English |
| Published |
01.12.1978
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| Online Access | Get more information |
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| Summary: | A one-region Leontief input-output model may be modified to show sector capacity constraints or "sector destruction". The economist must know the degree of sector destruction, level of imports of the destroyed sector's product, and make certain assumptions about the regional economy. Six cases are presented based on the degree of destruction (complete or partial) and level of imports of the destroyed sector's product (none, sufficient to reach original fial demands or insufficient to reach original final demands). A linear programming version of the input-output model is suggested for three of the six cases |
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| Bibliography: | 7938705 E70 |