In a closed economy with three activities, the following data are known. a)Draw up an input-output table. B) Calculate C

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answerhappygod
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In a closed economy with three activities, the following data are known. a)Draw up an input-output table. B) Calculate C

Post by answerhappygod »

In a closed economy with three activities, the following data
are known.
a)Draw up an input-output table. B) Calculate Chenery-Watanabe
coefficients and identify
C)what are the sectors with the highest backward and forward
linkages.
Agriculture uses industrial products to the value of 3, services
to the value of 1 and agriculture
itself to the value of 5. Its output is 21. Wages are paid
for a value of 2 and gross operating
surplus for a value of 10.
Industry uses agricultural, industrial and service products,
respectively, worth 2, 6 and 3.
Its value added is 13 and the gross operating surplus is
6.
Services use intermediate inputs worth 12. They pay wages of 7
and have a gross operating
surplus of 9.
Agricultural production destined for use by other activities
totals a value of 8. Industrial
products destined for other branches total a value of 14,
those of services destined for
intermediate consumption 10 and 18 those destined for final
demand.
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