Handbook of Input–Output Analysis
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Handbook of Input–Output Analysis

Edited by Thijs ten Raa

In this authoritative Handbook, leading experts from international statistical offices and universities explain in detail the treatment and role of input-output statistics in the System of National Accounts. Furthermore, they address the derivation of input-output coefficients for the purpose of economic and environmental modeling, the building of applied general equilibrium models, the use of these models for efficiency analysis, and the extensions to stochastic and dynamic input-output analysis. As well as revealing and exploring the theoretical foundations, the Handbook also acts as a useful guide for practitioners.
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Chapter 2: Early days of the input–output table

Douglas S. Meade

Abstract

Input-output analysis was invented by Wassily Leontief, who continued to be closely involved with its development, mostly in the United States. This chapter organizes the history in a nice, concrete way, by tracing the input-output tables of the USA from 1939 until 2007, released in 2014. The history is peppered by observations of Leontief's close collaborators Anne Carter and Clopper Almon, shared with the author. The chapter concludes with a clear discussion of the myths of input-output tables, such as consistency and purity.

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