Input-output relations in the Georgia economy
This chapter describes the economic structure of Georgia through a more thorough examination of the input-output tables and attempts to interpret some of the relationships uncovered in this examination. In Chapter 2 we pointed out the organization of an input-output table into four quadrants, each describing a part of the economy: Quadrant I identifies consumer behavior, Quadrant II details the interindustry structure of the economy; Quadrant III outlines payments to owners of resources, and Quadrant IV sketches non-market transfers in the economy. This chapter looks at these quadrants to derive an empirical profile of the Georgia economy.
KeywordsClay Petroleum Transportation Rubber Income
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