A Study on the Developing a New “Output Requirements Model” in Interindustry Analysis: Based on the Circulation System of Production between Final Demand, Total Output, and Final Output

Ho Un Gim

doi:10.15793/kspr.2008.57..001

The authors proposed the complemented general relation between two different input requirements matrices [ ] and [ ] for final demand and output respectively and showed the decomposition of factors in the Leontief inverse [ ] which is also termed as the output requirements matrix for final demand(Gim and Kim, 1998, 2005). Moreover we introduced the general relation between the inverse matrix and the output requirements matrix for output [ ]. In this paper we first develop a new circulation system of production between final demand f, total output x, and final output o. Second, we derive an alternative output requirements model based on the output requirements matrix of output for final demand [ ][ ]. Third, we show the general interdependence among the variables f, x, and o and compare the characteristics of the models, such as input-output(IO) model, output-output(OO) model, and final demand-final output(FF) model. For the usefulness and validity of the final demand-final output model called a new output requirements model, an empirical analysis is performed on the requirements matrix [ ][ ], which has the meaning of multi-sector multiplier, in the 2003 Input-Output Tables of Korea to interpret the real meaning of newly defined multipliers and linkage coefficients. We hope that the newly developed FF model should be revised by the author through the following researches in the near future.

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REFERENCES (33)
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* 2021년 이후 발행 논문의 참고문헌은 현재 구축 중입니다.

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이 논문은 한국연구재단의 지원을 받아 작성되었습니다.

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