Difference between revisions of "Closed Input-Output Model"
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| + | == Definition == | ||
| + | A '''Closed Input-Output Model''' is any [[Input-Output Model]] that includes all modeled economic transactions and transfers between all economic agents. | ||
| + | In terms of network or graph language, a closed input-output model does not involve any source or sink nodes. | ||
| + | |||
| + | == Usage == | ||
| + | As a simplified model that disregards the external [[Value Added]] contribution and [[Final Demand]] and focuses on inter-industrial relationships. | ||
| + | |||
| + | == See Also == | ||
| + | * [[Social Accounting Matrix]] | ||
| + | |||
| + | |||
| + | == References == | ||
| + | <references/> | ||
| + | |||
| + | [[Category:EEIO]] | ||
Latest revision as of 15:55, 16 November 2023
Contents
Definition
A Closed Input-Output Model is any Input-Output Model that includes all modeled economic transactions and transfers between all economic agents.
In terms of network or graph language, a closed input-output model does not involve any source or sink nodes.
Usage
As a simplified model that disregards the external Value Added contribution and Final Demand and focuses on inter-industrial relationships.
See Also
