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The international fragmentation of current production processes has led to an explosion of trade in intermediate products, indirectly impacting jobs, income, resources, energy, and emissions. Much of what is consumed is produced via global value chains contributing to climate change via carbon dioxide emissions. The editors comprehensively present research that has advanced the state of the art in input–output analysis over the past two decades, along with an original introduction. Also provided is analysis of the complex interdependent international production structures and their links to social inequality and the environment, which has led to a demand for international input–output tables.

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Research Reviews

Mathematical Economics discusses the most influential contributions towards this important area of economic science. Many of these papers started new fields of economics, influencing deeply the way economists think about their world. They illustrate the extensive range of topics to which mathematics has been applied productively, and show the areas of mathematics which have proved valuable, including functional analysis, linear algebra, algebraic and differential topology, stochastic processes and dynamical systems. They also show the extent to which today’s policy analysis rests on yesterday’s mathematical economics. Anyone with an interest in economics as a science will find this review to be an indispensable resource.

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Research Reviews