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14 - Mixed and Dynamic Models

Published online by Cambridge University Press:  06 January 2022

Ronald E. Miller
Affiliation:
University of Pennsylvania
Peter D. Blair
Affiliation:
George Mason University
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Summary

Chapter 14 describes so called mixed input–output models that are driven by a mix of output and final demand specifications rather than driven either solely by specification by final demand or total output. This chapter also introduces dynamic input–output models that more explicitly capture the role of capital investment and utilization in the production process.

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