Applications of Interval Computations to Regional Economic Input-Output Models

  • Max E. Jerrell
Part of the Applied Optimization book series (APOP, volume 3)

Abstract

Economic input-output models are empirical realizations of general equilibrium economic models. They are particularly useful in determining how various industrial sectors of the economy are interrelated and in predicting how these sectors respond to changes in economic activity. In the United States state and regional models are frequently used to help formulate local economic policy. Wassily Leontief is generally credited with the first useful implementation [5].

Keywords

Transportation Income Kelly 

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Copyright information

© Kluwer Academic Publishers 1996

Authors and Affiliations

  • Max E. Jerrell
    • 1
  1. 1.College of Business AdministrationNorthern Arizona UniversityFlagstaffUSA

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