Arbeitspapier
The structure of the American economy
We explore the relationship between input-output accounts and the national revenue function. The generalized inverse of an economy's technology matrix carries information relating changes in endowments with changes in outputs; its transpose relates output prices and factor prices. Our primary theoretical contribution is to derive an economy's revenue function for an arbitrary Leontief technology. Our main empirical contribution is to compute the national revenue function for the American economy in 2003 and to describe its properties. We implement our ideas using two different models: one where all factors are mobile and another with capital specific to each sector in the economy.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 2295
- Klassifikation
-
Wirtschaft
Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
General Equilibrium and Disequilibrium: Input-Output Tables and Analysis
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- Thema
-
Gesamtwirtschaftliche Produktion
Input-Output
Gesamtwirtschaftliches Angebot
Produktionsstruktur
USA
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fisher, Eric O'N.
Marshall, Kathryn G.
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fisher, Eric O'N.
- Marshall, Kathryn G.
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2008
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