Input-Output Analysis
Input-output analysis is a quantitative framework for representing the interdependence between the industries of an economy, introduced by Wassily Leontief in 1936. It records the flows of goods and services between sectors in a transactions table, derives fixed technical coefficients describing how much each industry buys from every other industry per unit of output, and inverts the resulting linear system to trace how an exogenous change in final demand ripples through the entire production structure.
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Sources
- Leontief, W. W. (1936). Quantitative input and output relations in the economic system of the United States. The Review of Economics and Statistics, 18(3), 105–125. DOI: 10.2307/1927837 ↗
- Miller, R. E., & Blair, P. D. (2009). Input-Output Analysis: Foundations and Extensions (2nd ed.). Cambridge University Press. ISBN: 9780521739023
How to cite this page
ScholarGate. (2026, June 22). Leontief Input-Output Analysis. ScholarGate. https://scholargate.app/en/economics/input-output-analysis
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