Static and Dynamic Input-Output Modelling with Microsoft Excel
basis of this kind of analysis is the Leontief equation. Equation (1) shows the reduced form of this equation whereby production x is determined by final demand y and the Leontief inverse (−) which incorporates the input coefficient matrix A and the identity matrix I (Eurostat 2008, Leontief 1986). (1) =(−)∙ ................
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