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Leontief Input-Output Models
Background ,[object Object]
Background ,[object Object],[object Object]
Background ,[object Object],[object Object]
Background ,[object Object],[object Object],[object Object]
Structure of an Input-Output Model ,[object Object],[object Object],[object Object],[object Object],[object Object]
Structure of an Input-Output Model ,[object Object],[object Object]
Input-Output Coefficient Matrix
Input-Output Coefficient Matrix ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
The Open Model ,[object Object],[object Object]
The Open Model ,[object Object],[object Object],[object Object]
The Open Model ,[object Object],[object Object],[object Object]
The Open Model
The Open Model After moving all terms that involve the variables  x j   to the left of the equals signs, and leaving only the exogenously determined final demands d j  on the right, we can express the "correct" output levels of the  n  industries by the following system of  n  linear equations:
The Open Model
The Open Model ,[object Object],[object Object]
The Open Model
Numerical Example
Numerical Example
Numerical Example

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Leontief input output models.ppt final