Home > Term: input-output analysis
input-output analysis
A systematic method that both describes the financial linkages and network of input supplies and production which connect industries in a regional economy (however defined), and predicts the changes in regional output, income, and employment. Input-output analysis generally focuses on economic activity and the self-sufficiency of an economy, unlike cost-benefit analysis which focuses on changes in net national benefits from use of a productive resource.
- Part of Speech: noun
- Industry/Domain: Fishing
- Category: Marine fishery
- Organization: NOAA
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Creator
- J Thomas
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