Input - output analysis - linear algebra and matrices, Mathematics

What is input - output analysis?

Posted Date: 2/12/2013 5:00:47 AM | Location : United States

The input and output analysis is a topic that requires application of matrices.The technique analyses the flow of inputs from one sector of the economy to another sectors hence the technique is rather useful in studying the interdependence of sectors in a single economy. The input and output analysis was first developed by Prof Leontief thus the Leontief matrix has been developed.

Posted by laura | Posted Date: 2/12/2013 5:01:29 AM

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