‘This book comes just at a time when multi-country input-output analysis has become the key instrument to understand the economic, social and environmental consequences of international trade flows between sectors, global value chains or supply chains disruptions, caused for example by COVID-19. The authors draw on the traditional literature and expand it again very smartly to incorporate the latest advances in input-output analysis, thus offering the reader a reference unique for students, professionals, researchers and policy makers around the world.’ José M. Rueda-Cantuche, European Commission Joint Research Centre

‘Since the publication of the second edition of this book, the world changed rapidly when production activities became organized in global value chains and we started to realize that our consumption at home also had environmental consequences on the other side of the globe. To handle the new circumstances, today’s analyses require global input-output tables and models. This new, third edition includes a discussion of such tables and models, and their application to relevant issues such as climate change and international trade. In other words, the input-output textbook is up-to-date again.’ Erik Dietzenbacher, University of Groningen

‘The expanding community of scholars and practitioners who have used the prior two editions will welcome the addition of a third version that addresses the increasing use of input-output systems in environmental and trade modeling, with attention to life-cycle analysis and value chains. This edition retains the book’s stature as an amazingly valuable digestion of an ever-expanding literature that is presented in a logical and clear fashion.’ Geoffrey J.D. Hewings, University of Illinois

'It is highly difficult if not impossible for input-output researchers to write a new textbook on the field, because they already have at hand Input-Output Analysis: Foundations and Extensions. This book is so comprehensive in coverage and continuously evolving for updates, allowing very little room for other scholars to supplement. The book also embraces readers of differing levels and areas of interest, from university undergraduates to professionals, from trade economists to environmental analysts, which again makes it hard to imagine a substitute of any kind. The book is really a must-read literature.' Satoshi Inomata, The President of the International Input-Output Association & Chief Senior Researcher of Institute of Developing Economies, JETRO