Difference between revisions of "Closed Input-Output Model"

From Open Risk Manual
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== Definition ==
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A '''Closed Input-Output Model''' is any [[Input-Output Model]] that includes essentially all economic transactions and transfers between all economic agents.
  
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== Usage ==
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As a simplified model that disregards the external value-added contribution and [[Final Demand]] and focuses on inter-industrial relationships.
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== See Also ==
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* [[Social Accounting Matrix]]
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== References ==
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<references/>
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[[Category:EEIO]]

Revision as of 15:58, 28 February 2022

Definition

A Closed Input-Output Model is any Input-Output Model that includes essentially all economic transactions and transfers between all economic agents.

Usage

As a simplified model that disregards the external value-added contribution and Final Demand and focuses on inter-industrial relationships.

See Also


References