Input-output table

Input-output table

A table of all inputs and outputs of an economy's industries, including intermediate transactions, primary inputs, and sales to final users. As developed by Wassily Leontief, the table can be used to calculate gross outputs and primary factor inputs needed to produce specified net outputs. Leontief (1954) used this to find the factor content of U. S. Trade, generating the Leontief Paradox.

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Part of Speech: noun
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Industry/Domain: Economy
Category: International economics
Company: University of Michigan
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Related terms

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