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The capacity of input-output tables to reflect the structural peculiarities of an economy and to forecast, on this basis, its evolution, depends essentially on the characteristics of the matrix A—matrix of I-O (or technical) coefficients. However, the temporal behaviour of these coefficients...
Persistent link: https://www.econbiz.de/10010186053
formulate a model of financing. New Keynesian theory emphasizes that a firm’s net worth influences investment decisions and …
Persistent link: https://www.econbiz.de/10010186054
Many economic models (e.g., computable general equilibrium models, econometric input–output models) revolve around a matrix of technical coefficients. However, these matrices can be estimated only once every 5 years as long as they are calculated from input–output tables and these are only...
Persistent link: https://www.econbiz.de/10010186056