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Input-output tables |
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Input-output tables Tables that indicate how much each industry requires of the production of each other industry in order to produce each dollar of its own output. |
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| The explanations given are valuable for students of economic growth in Asia and the world alike, since they enhance the findings of the static neoclassical approach in economics that is largely based on input-output tables and a smooth time logic, which cannot adequately represent reality to understand the workings that either generate or hamper economic growth. Far too much emphasis has been placed on futile input-output tables and other modern planning techniques at the expense of policy coordination. |
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Input-output tables