Income Distribution, Foreign Trade and the Value-Added Vector

Ian Steedman

12 citations0/0 files storedEconomic Systems Research

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Abstract

Whilst input-output analysts often treat the value-added vector as a fairly simple, straightforward component of input-output studies, modern 'classical' economics tells us that it is far from simple. This will be developed, both for a closed economy and for an economy using foreign produced inputs.

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2009Input-output analysis foundations and extensions 1951Input-Output Economics 1973THE NOTION OF VERTICAL INTEGRATION IN ECONOMIC ANALYSIS (*)1967Input-Output Economics.1994Hypothesis of Price Formation in Input–Output Tables 1995The choice of technology and associated changes in prices in the U.S. economy 1992Technological Choices and Prices, and Their Implications for the US Economy, 1963–2000 1997Treatment of Fixed Capital in the Sraffian Framework and in the Theory of Dynamic Input–Output Models

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