{"id":5085,"date":"2023-11-15T13:59:34","date_gmt":"2023-11-15T13:59:34","guid":{"rendered":"https:\/\/roundandsound.com\/?p=5085"},"modified":"2023-11-15T14:00:48","modified_gmt":"2023-11-15T14:00:48","slug":"input-output-table-2","status":"publish","type":"post","link":"https:\/\/roundandsound.com\/round-studies\/economics\/input-output-table-2\/","title":{"rendered":"01. National Income Statistics"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5085\" class=\"elementor elementor-5085\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-34810ca elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"34810ca\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-52ea597\" data-id=\"52ea597\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-75c65f5 elementor-widget elementor-widget-heading\" data-id=\"75c65f5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_72 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/roundandsound.com\/round-studies\/economics\/input-output-table-2\/#Input-Output_Table\" title=\"Input-Output Table\">Input-Output Table<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/roundandsound.com\/round-studies\/economics\/input-output-table-2\/#Input_coefficient\" title=\"Input coefficient\">Input coefficient<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/roundandsound.com\/round-studies\/economics\/input-output-table-2\/#Production-induced_coefficient\" title=\"Production-induced coefficient\">Production-induced coefficient<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/roundandsound.com\/round-studies\/economics\/input-output-table-2\/#Influence_coefficient_Responsiveness_coefficient\" title=\"Influence coefficient &amp; Responsiveness coefficient\">Influence coefficient &amp; Responsiveness coefficient<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Input-Output_Table\"><\/span>Input-Output Table<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2246c9b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2246c9b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-df35ed1\" data-id=\"df35ed1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cbeed7a elementor-widget elementor-widget-text-editor\" data-id=\"cbeed7a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The input-output table represents the output and input structure for each product, assuming that a single product is produced for each industry. This presupposes the use of the same production technology. Therefore, input-output tables are used to analyze the ripple effects between sectors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4f4df90 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4f4df90\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-00bf7a2\" data-id=\"00bf7a2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3451a73 elementor-widget elementor-widget-text-editor\" data-id=\"3451a73\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Coefficients obtained from the input-output table are extensively employed in economic analysis, with the fundamental input coefficient taking a prominent role. This coefficient is determined by dividing the combined value of intermediate inputs and production factors utilized in the creation of each product by the overall input (or output) value. Given that the value of production factors aligns with value-added, the input coefficient further categorizes into intermediate input coefficients and value-added coefficients. This breakdown facilitates a comprehensive exploration of the production technology structure associated with each product.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8dbba66 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8dbba66\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f2b4879\" data-id=\"f2b4879\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fcd74f9 elementor-widget elementor-widget-text-editor\" data-id=\"fcd74f9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>By leveraging input-output tables, it becomes feasible to gauge the cascading effects of price fluctuations in factors like raw materials or wages. As input coefficients portray the input structure of each industry, delineating cost compositions, it opens avenues for analyzing how changes in prices of different input elements (such as wages, public utilities, oil prices, exchange rates, etc.) influence the output prices within each industry. The table below represents the integration of the 2014 input-output table into six sectors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3c73c14 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3c73c14\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0ad254f\" data-id=\"0ad254f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-958643e elementor-widget elementor-widget-image\" data-id=\"958643e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.google.com\/search?q=input+output+table&#038;sca_esv=582627702&#038;sxsrf=AM9HkKkszWM5iC794EZruxXzzK-QIy7E6A%3A1700056662409&#038;source=hp&#038;ei=Vs5UZYDkFNC8wAPwwYyoCQ&#038;iflsig=AO6bgOgAAAAAZVTcZtNSf0nCuBToIA3NAYc-HOjX1q-f&#038;oq=inpu&#038;gs_lp=Egdnd3Mtd2l6IgRpbnB1KgIIATIEECMYJzIHECMYigUYJzIMECMYigUYExiABBgnMgsQABiABBixAxiDATILEAAYgAQYsQMYgwEyCxAAGIAEGLEDGIMBMgsQABiABBixAxiDATILEAAYgAQYsQMYgwEyCxAAGIAEGLEDGIMBMgsQABiABBixAxiDAUiEE1AAWLcHcAF4AJABAJgBkwGgAcMFqgEDMC41uAEDyAEA-AEBwgIIEAAYgAQYsQPCAgQQABgDwgIREC4YgAQYsQMYgwEYxwEY0QM&#038;sclient=gws-wiz\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"509\" src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/\ud22c\uc785\uc0b0\ucd9c\ud45c\uc624-1024x509.jpg\" class=\"attachment-large size-large wp-image-5088\" alt=\"input-output table\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4f7600d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4f7600d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-83517cd\" data-id=\"83517cd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-25bf009 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"25bf009\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-88d4fa8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"88d4fa8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d71586f\" data-id=\"d71586f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1367006 elementor-widget elementor-widget-text-editor\" data-id=\"1367006\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4><span class=\"ez-toc-section\" id=\"Input_coefficient\"><\/span>Input coefficient<span class=\"ez-toc-section-end\"><\/span><\/h4>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e7d4580 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e7d4580\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3533958\" data-id=\"3533958\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-075071b elementor-widget elementor-widget-text-editor\" data-id=\"075071b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The table above illustrates the production of a total of 179.78 trillion won worth of manufactured goods in 2014. It indicates that agricultural, forestry, and fisheries products accounted for 39.8 trillion won, mining products for 126.3 trillion won, manufactured goods (within the same sector) for 980.2 trillion won, and services for 207.8 trillion won as intermediate inputs. Therefore, the intermediate input coefficients for manufactured goods are 0.02 (39.8 trillion won \u00f7 1797.8 trillion won), 0.07 (126.3 trillion won \u00f7 1797.8 trillion won), 0.55 (980.2 trillion won \u00f7 1797.8 trillion won), &#8230;, 0.12 (207.8 trillion won \u00f7 1797.8 trillion won). This signifies that to produce one unit of manufactured goods, 0.02 units of agricultural, forestry, and fisheries products, 0.07 units of mining products, 0.55 units of manufactured goods, 0.12 units of services, and so on, were utilized as intermediate inputs. When considering net output taxes and waste together, the total intermediate input coefficient is 0.78.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b7e8f8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2b7e8f8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-60e2329\" data-id=\"60e2329\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-076e8a7 elementor-widget elementor-widget-text-editor\" data-id=\"076e8a7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the given table, value-added refers to the value of production factors input into the production process. For the production of one unit of manufactured goods, a total value-added of 0.22 units was generated, consisting of wages at 0.10 units (179.3 trillion won \u00f7 1,797.8 trillion won) and other items such as operating surplus at 0.12 units (220.1 trillion won \u00f7 1,797.8 trillion won). Adding the intermediate input coefficient of 0.78 for manufactured goods to the value-added coefficient of 0.22 results in a sum of 1. This pattern holds true vertically, meaning that the input coefficients of a sector always sum to 1. The table below presents the input coefficient table based on the 2014 input-output table provided above.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7a6b96d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7a6b96d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7ae7761\" data-id=\"7ae7761\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aec7304 elementor-widget elementor-widget-image\" data-id=\"aec7304\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"367\" src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/\ud22c\uc785\uacc4\uc218\ud45c-1024x367.jpg\" class=\"attachment-large size-large wp-image-5089\" alt=\"Input Coefficient Table\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7d00537 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7d00537\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5a52835\" data-id=\"5a52835\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-112d14b elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"112d14b\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-aa308f5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aa308f5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-25e3ef3\" data-id=\"25e3ef3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0077d19 elementor-widget elementor-widget-text-editor\" data-id=\"0077d19\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4><span class=\"ez-toc-section\" id=\"Production-induced_coefficient\"><\/span>Production-induced coefficient<span class=\"ez-toc-section-end\"><\/span><\/h4>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fc68082 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fc68082\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-30b8339\" data-id=\"30b8339\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-456838d elementor-widget elementor-widget-text-editor\" data-id=\"456838d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In a country, the ultimate purpose of each industry engaging in production activities is to meet final demands such as consumption, investment, and exports. Therefore, understanding the impact of final demand components like consumption, investment, and exports on production, specifically the production-induced effects of final demand, is a crucial analytical focus. The production-induced effects can be measured by production-induced coefficients, which are derived based on input coefficients.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4a13a2d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4a13a2d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2115237\" data-id=\"2115237\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f58673b elementor-widget elementor-widget-text-editor\" data-id=\"f58673b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Now, let&#8217;s examine the production-induced effects of producing a single car for export, referring to the illustration below. To manufacture one car, as seen in the illustration, numerous intermediate goods such as engines and tires need to be produced. Additionally, the production of these intermediates requires the manufacturing of other raw materials like steel products, rubber, and tire cords.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dcfeb2b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dcfeb2b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7e05398\" data-id=\"7e05398\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2d2f961 elementor-widget elementor-widget-image\" data-id=\"2d2f961\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"752\" height=\"550\" src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/\uc0dd\uc0b0\ud30c\uae09\uacfc\uc815.jpg\" class=\"attachment-large size-large wp-image-5090\" alt=\"production ripple effect\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-29bd3c6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"29bd3c6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0cf58c8\" data-id=\"0cf58c8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3d8b794 elementor-widget elementor-widget-text-editor\" data-id=\"3d8b794\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In this way, the production of cars influences the production activities of many seemingly unrelated industries, and these production-induced effects persist until a balance in supply and demand is achieved between industries.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e172589 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e172589\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4cc96fc\" data-id=\"4cc96fc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a78351d elementor-widget elementor-widget-text-editor\" data-id=\"a78351d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Let&#8217;s explain the ripple effect of production using the numerical values in the table above. To export one unit of manufactured goods, one unit of manufactured goods must be produced. Various raw materials and intermediate goods are required for this production. Let&#8217;s examine what products need to be produced to meet these requirements.<\/p><p>\u00a0<\/p><p>In the table above, the vertical direction for manufactured goods indicates that, for the production of one unit of manufactured goods, intermediate inputs such as agricultural products at 0.02 units, mining products at 0.07 units, manufactured goods at 0.55 units, services at 0.12 units, and so on, need to be produced. Therefore, the primary outputs required for the production of one unit of manufactured goods are all 0.78 units. This represents the first-round production ripple effect of a 1-unit increase in export demand for manufactured goods, affecting all industries equally.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a7b4280 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a7b4280\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c6fbf78\" data-id=\"c6fbf78\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f68f1cc elementor-widget elementor-widget-text-editor\" data-id=\"f68f1cc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The second-round production ripple effect, represented by the production of agricultural products at 0.02 units, mining products at 0.07 units, manufactured goods at 0.55 units, services at 0.12 units, etc., requires a total input of 0.527 units. The calculation of the 0.527 units for the second-round production ripple effect is as follows:<\/p><ul><li><p>For the production of 0.02 units of agricultural products: 0.010 units of inputs are needed (0.02 \u00d7 0.06 + 0.02 \u00d7 0.00 + 0.02 \u00d7 0.30 + &#8230; + 0.02 \u00d7 0.07).<\/p><\/li><li><p>For the production of 0.07 units of mining products: 0.029 units of inputs are needed (0.07 \u00d7 0.00 + 0.07 \u00d7 0.00 + 0.07 \u00d7 0.18 + &#8230; + 0.07 \u00d7 0.21).<\/p><\/li><li><p>For the production of 0.55 units of manufactured goods: 0.423 units of inputs are needed (0.55 \u00d7 0.02 + 0.55 \u00d7 0.07 + 0.55 \u00d7 0.55 + &#8230; + 0.55 \u00d7 0.12).<\/p><\/li><li><p>For the production of 0.12 units of services: 0.049 units of inputs are needed (0.12 \u00d7 0.00 + 0.12 \u00d7 0.00 + 0.12 \u00d7 0.13 + &#8230; + 0.12 \u00d7 0.26).<\/p><\/li><\/ul><p>The sum of these values equals the total input of 0.527 units for the second-round production ripple effect.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c248b2c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c248b2c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-db1469d\" data-id=\"db1469d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e407b5c elementor-widget elementor-widget-text-editor\" data-id=\"e407b5c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The ripple effects of production, as described, continue indefinitely until the effects diminish to zero in subsequent rounds (3rd, 4th, and so on). The sum of all these production ripple effects, including the infinite rounds, results in the total output induced by the initial export demand of one unit for manufactured goods. This total output represents the overall production-induced effect related to the export demand.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4444d8f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4444d8f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-386d4b3\" data-id=\"386d4b3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ee7ca9d elementor-widget elementor-widget-text-editor\" data-id=\"ee7ca9d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>As such, the final demand for a particular product not only influences the production of that product but also extends its impact to the production of all products related to it. The process is illustrated in the diagram below.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e279577 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e279577\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2d8cc5e\" data-id=\"2d8cc5e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-072ba0d elementor-widget elementor-widget-text-editor\" data-id=\"072ba0d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The production ripple effects examined above are measured by the input-output coefficients. In other words, the input-output coefficients represent the total output induced directly and indirectly in all sectors, including the sector producing the specific product, when the final demand for a product increases by one unit. The input-output coefficients are derived using a mathematical method called the inverse matrix, and for this reason, they are also referred to as Leontief inverse coefficients.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9bc8a09 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9bc8a09\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d46df30\" data-id=\"d46df30\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-307cdc9 elementor-widget elementor-widget-image\" data-id=\"307cdc9\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"619\" height=\"645\" src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/\uc0dd\uc0b0\uc720\ubc1c\ud6a8\uacfc.jpg\" class=\"attachment-large size-large wp-image-5091\" alt=\"production-induced effect\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9225b95 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9225b95\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6e5ab0c\" data-id=\"6e5ab0c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-826ecf4 elementor-widget elementor-widget-text-editor\" data-id=\"826ecf4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The production-induced coefficient table below is derived using the input coefficient table above.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8096f29 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8096f29\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-67a7f6c\" data-id=\"67a7f6c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-da08a9d elementor-widget elementor-widget-image\" data-id=\"da08a9d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"273\" src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/\uc601\ud5a5\ub825-\uac10\uc751\ub3c4-\uacc4\uc218-1024x273.jpg\" class=\"attachment-large size-large wp-image-5092\" alt=\"influence coefficient\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-61276aa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"61276aa\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fc4e842\" data-id=\"fc4e842\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6027ccb elementor-widget elementor-widget-text-editor\" data-id=\"6027ccb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In this table, the vertical direction for manufactured goods represents the production of each product, both directly and indirectly induced, to fulfill a final demand increase of 1 unit for manufactured goods. In other words, if there is a final demand increase of 1 unit for manufactured goods, it would require the production of 0.06 units of agricultural products, 0.20 units of mining products, 2.48 units of manufactured goods, 0.46 units of services, and so on. Therefore, for the entire economy, a total production of 3.29 units would be needed to satisfy a final demand increase of 1 unit for manufactured goods.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8730304 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8730304\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-eeada41\" data-id=\"eeada41\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-42c3d8a elementor-widget elementor-widget-text-editor\" data-id=\"42c3d8a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the horizontal direction for manufactured goods, when the final demand for all products, including agricultural products, mining products, manufactured goods, and services, increases by 1 unit each, the production of manufactured goods is indicated. Specifically, if the final demand for agricultural products, mining products, manufactured goods, and services each increases by 1 unit, the production of manufactured goods would need to be 0.84 units, 0.55 units, 2.48 units, 0.62 units, and so on. This implies that a total production of 6.22 units for manufactured goods is required to meet the increased final demand of 1 unit for each product category.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-39925d0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"39925d0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-35111e9\" data-id=\"35111e9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-95c3078 elementor-widget elementor-widget-text-editor\" data-id=\"95c3078\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In addition to the production-induced coefficients, various other coefficients such as income-induced coefficients, value-added-induced coefficients, and employment-induced coefficients are also utilized in various industrial impact analyses.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5c33e95 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5c33e95\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2cdc1fc\" data-id=\"2cdc1fc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-920da4e elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"920da4e\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8d78e5a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8d78e5a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f43d81d\" data-id=\"f43d81d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a671588 elementor-widget elementor-widget-text-editor\" data-id=\"a671588\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4><span class=\"ez-toc-section\" id=\"Influence_coefficient_Responsiveness_coefficient\"><\/span>Influence coefficient &amp; Responsiveness coefficient<span class=\"ez-toc-section-end\"><\/span><\/h4>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0037dbd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0037dbd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6287478\" data-id=\"6287478\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f134072 elementor-widget elementor-widget-text-editor\" data-id=\"f134072\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Using the production-induced coefficients, one can understand the forward and backward linkages of each industry. The degree of backward linkage is measured by the impact coefficient, while the degree of forward linkage is determined by the sensitivity coefficient. The impact and sensitivity coefficients are calculated relative to the average production-induced coefficient for the entire economy.<\/p><p>\u00a0<\/p><p>In the table above, the impact coefficient for manufactured goods is calculated by dividing the column total of the manufactured goods production-induced coefficients (3.29) by the average production-induced coefficient for all six sectors (2.55), resulting in a value of 1.29. The sensitivity coefficient for manufactured goods is calculated by dividing the row total of the manufactured goods production-induced coefficients (6.22) by the average production-induced coefficient for all six sectors (2.55), resulting in a value of 2.44.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-882cb21 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"882cb21\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-56fe960\" data-id=\"56fe960\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8799c92 elementor-widget elementor-widget-text-editor\" data-id=\"8799c92\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Generally, when the production of one industry relies heavily on the output of another industry as intermediate inputs, resulting in a high input-output ratio, the impact coefficient tends to be high, leading to larger backward linkage effects. Conversely, when the output of one industry is heavily used as intermediate inputs in the production of other industries, leading to a high intermediate demand ratio, the sensitivity coefficient tends to be high, resulting in larger forward linkage effects. Therefore, industries with high input-output ratios and intermediate demand ratios tend to have a higher level of production activity in response to changes in demand within the economy.<\/p><p>\u00a0<\/p><p>Impact and sensitivity coefficients are valuable in determining the efficiency of investing limited resources in various industries.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-13440d2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"13440d2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-55c1f0d\" data-id=\"55c1f0d\" data-element_type=\"column\">\n\t\t\t<div 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href=\"https:\/\/roundandsound.com\/collectives\/fashion-items\/rolex\/%eb%a1%a4%eb%a0%89%ec%8a%a4-%ec%8b%9c%ea%b3%84-%ea%b0%80%ea%b2%a9-%ec%9d%b8%ec%83%81-%ec%a0%95%eb%b3%b42\/\" title=\"\ub864\ub809\uc2a4 \uc2dc\uacc4 \uac00\uaca9 \uc778\uc0c1 \uc815\ubcf4(2025\ub144 1\uc6d4+\uc774\uc804 \uac00\uaca9 \ube44\uad50)\" target=\"_self\">\n          \n            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2024\/01\/124-768x80.jpg\"  src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2024\/01\/124-768x80.jpg\" alt=\"124\" width=\"768\" height=\"80\">\n        \t\n        \n      <\/a>\n    <\/div>\n  \t\t\n  \n    <div class=\"uc_post_list_content\">\n      <div class=\"uc_post_list_content_inside\">\n        \n                        \n         <div class=\"uc_post_list_title\"><a target=\"_self\" href=\"https:\/\/roundandsound.com\/collectives\/fashion-items\/rolex\/%eb%a1%a4%eb%a0%89%ec%8a%a4-%ec%8b%9c%ea%b3%84-%ea%b0%80%ea%b2%a9-%ec%9d%b8%ec%83%81-%ec%a0%95%eb%b3%b42\/\" title=\"\ub864\ub809\uc2a4 \uc2dc\uacc4 \uac00\uaca9 \uc778\uc0c1 \uc815\ubcf4(2025\ub144 1\uc6d4+\uc774\uc804 \uac00\uaca9 \ube44\uad50)\">\ub864\ub809\uc2a4 \uc2dc\uacc4 \uac00\uaca9 \uc778\uc0c1 \uc815\ubcf4(2025\ub144 1\uc6d4+\uc774\uc804 \uac00\uaca9 \ube44\uad50)<\/a><\/div>\t\n         \n        <div class=\"ue-meta-data\">\n                                               \n            \n          \n                        \n            \n                        \n                        \n            \n              \n          <\/div>         \n                \n         <div class=\"uc_post_content\">\ub864\ub809\uc2a4 \uc2dc\uacc4 2024\ub144\ub3c4 \uac00\uaca9 \uc778\uc0c1 \uc815\ubcf4<\/div>        \n                 \n      <\/div>\n    <\/div>\n     \n       \n  \n   <\/div>\n<div class=\"uc_post_list_box\">\n    \n  \t    <div class=\"uc_post_list_image\">\n      <a href=\"https:\/\/roundandsound.com\/collectives\/fashion-items\/rolex\/%eb%a1%a4%eb%a0%89%ec%8a%a4-%ec%9d%b8%ed%84%b0%eb%84%b7-%ec%98%88%ec%95%bd-2\/\" title=\"\ub864\ub809\uc2a4 \ub9e4\uc7a5 \ubc29\ubb38 \uc778\ud130\ub137 \uc608\uc57d \ubc29\ubc95(2025.1 ~) Feat. \ud310\uad50 \ub864\ub809\uc2a4\" target=\"_self\">\n          \n            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/12\/KakaoTalk_20231229_224126287-768x758.jpg\"  src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/12\/KakaoTalk_20231229_224126287-768x758.jpg\" alt=\"KakaoTalk_20231229_224126287\" width=\"768\" height=\"758\">\n        \t\n        \n      <\/a>\n    <\/div>\n  \t\t\n  \n    <div class=\"uc_post_list_content\">\n      <div class=\"uc_post_list_content_inside\">\n        \n                        \n         <div class=\"uc_post_list_title\"><a target=\"_self\" href=\"https:\/\/roundandsound.com\/collectives\/fashion-items\/rolex\/%eb%a1%a4%eb%a0%89%ec%8a%a4-%ec%9d%b8%ed%84%b0%eb%84%b7-%ec%98%88%ec%95%bd-2\/\" title=\"\ub864\ub809\uc2a4 \ub9e4\uc7a5 \ubc29\ubb38 \uc778\ud130\ub137 \uc608\uc57d \ubc29\ubc95(2025.1 ~) Feat. \ud310\uad50 \ub864\ub809\uc2a4\">\ub864\ub809\uc2a4 \ub9e4\uc7a5 \ubc29\ubb38 \uc778\ud130\ub137 \uc608\uc57d \ubc29\ubc95(2025.1 ~) Feat. \ud310\uad50 \ub864\ub809\uc2a4<\/a><\/div>\t\n         \n        <div class=\"ue-meta-data\">\n                                               \n            \n          \n                        \n            \n                        \n                        \n            \n              \n          <\/div>         \n                \n         <div class=\"uc_post_content\">\ub864\ub809\uc2a4 \uc778\ud130\ub137 \uc608\uc57d \ubc29\ubc95 \ubc0f \ub9e4\uc7a5 \uad6c\ub9e4 \ud6c4\uae30<\/div>        \n                 \n      <\/div>\n    <\/div>\n     \n       \n  \n   <\/div>\n<div class=\"uc_post_list_box\">\n    \n  \t    <div class=\"uc_post_list_image\">\n      <a href=\"https:\/\/roundandsound.com\/round-issue\/%ec%98%81%ed%99%94-%ec%b2%ad%ec%84%a4\/\" title=\"\uc601\ud654 \uccad\uc124 \uac1c\ubd09\uc77c(24.11.6), \uc904\uac70\ub9ac, \uc6d0\uc791\uacfc\uc758 \ucc28\uc774, \uc601\ud654 \uc18d \ud328\uc158, \ucfe0\ud0a4\uc601\uc0c1 \uc720\ubb34 \ub4f1 \uc54c\uc9dc \uc815\ubcf4\" target=\"_self\">\n          \n            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2024\/11\/adf.jpg\"  src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2024\/11\/adf.jpg\" alt=\"\uccad\uc124\" width=\"427\" height=\"618\">\n        \t\n        \n      <\/a>\n    <\/div>\n  \t\t\n  \n    <div class=\"uc_post_list_content\">\n      <div class=\"uc_post_list_content_inside\">\n        \n                        \n         <div class=\"uc_post_list_title\"><a target=\"_self\" href=\"https:\/\/roundandsound.com\/round-issue\/%ec%98%81%ed%99%94-%ec%b2%ad%ec%84%a4\/\" title=\"\uc601\ud654 \uccad\uc124 \uac1c\ubd09\uc77c(24.11.6), \uc904\uac70\ub9ac, \uc6d0\uc791\uacfc\uc758 \ucc28\uc774, \uc601\ud654 \uc18d \ud328\uc158, \ucfe0\ud0a4\uc601\uc0c1 \uc720\ubb34 \ub4f1 \uc54c\uc9dc \uc815\ubcf4\">\uc601\ud654 \uccad\uc124 \uac1c\ubd09\uc77c(24.11.6), \uc904\uac70\ub9ac, \uc6d0\uc791\uacfc\uc758 \ucc28\uc774, \uc601\ud654 \uc18d \ud328\uc158, \ucfe0\ud0a4\uc601\uc0c1 \uc720\ubb34 \ub4f1 \uc54c\uc9dc \uc815\ubcf4<\/a><\/div>\t\n         \n        <div class=\"ue-meta-data\">\n                                               \n            \n          \n                        \n            \n                        \n                        \n            \n              \n          <\/div>         \n                \n         <div class=\"uc_post_content\">2024\ub144 11\uc6d4 6\uc77c \uaf64\ub098 \ud070 \uae30\ub300\ub97c \ubaa8\uc73c\uace0 \uc788\ub358 \ub300\ub9cc \uc601\ud654 \uc6d0\uc791(2009\ub144 \uac1c\ubd09)\uc758 \ub9ac\uba54\uc774\ud06c \uc601\ud654 \uccad\uc124\uc774 \uad6d\ub0b4\uc5d0 \uac1c\ubd09\ud558\uc600\uc2b5\ub2c8\ub2e4. \u00a0 \u00a0 \ub0a8\uc790 \uc8fc\uc778\uacf5\uc73c\ub85c \uc6a9\uc900 \uc5ed\uc758 \ud64d\uacbd \ubc30\uc6b0\uc640,...<\/div>        \n                 \n      <\/div>\n    <\/div>\n     \n       \n  \n   <\/div>\n<div class=\"uc_post_list_box\">\n    \n  \t    <div class=\"uc_post_list_image\">\n      <a href=\"https:\/\/roundandsound.com\/round-info\/%ec%9a%b8%ec%82%b0-%ec%9a%b8%ec%a3%bc%ea%b5%b0-%ec%9d%b4%eb%b9%84%ec%9d%b8%ed%9b%84%ea%b3%bc\/\" title=\"\uc6b8\uc0b0 \uc6b8\uc8fc\uad70 \uc774\ube44\uc778\ud6c4\uacfc \uc8fc\uc18c \uc9c4\ub8cc\uc2dc\uac04 \uc810\uc2ec\uc2dc\uac04 \uc9c4\ub8cc\ubd84\uc57c \uacf5\ud734\uc77c \uc9c4\ub8cc\uc5ec\ubd80(2024\ub144)\" target=\"_self\">\n          \n            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2024\/06\/\uc774\ube44\uc778\ud6c4\uacfc-\uc815\ubcf4-5-768x768.png\"  src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2024\/06\/\uc774\ube44\uc778\ud6c4\uacfc-\uc815\ubcf4-5-768x768.png\" alt=\"\uc6b8\uc0b0 \uc6b8\uc8fc\uad70 \uc774\ube44\uc778\ud6c4\uacfc\" width=\"768\" height=\"768\">\n        \t\n        \n      <\/a>\n    <\/div>\n  \t\t\n  \n    <div class=\"uc_post_list_content\">\n      <div class=\"uc_post_list_content_inside\">\n        \n                        \n         <div class=\"uc_post_list_title\"><a target=\"_self\" href=\"https:\/\/roundandsound.com\/round-info\/%ec%9a%b8%ec%82%b0-%ec%9a%b8%ec%a3%bc%ea%b5%b0-%ec%9d%b4%eb%b9%84%ec%9d%b8%ed%9b%84%ea%b3%bc\/\" title=\"\uc6b8\uc0b0 \uc6b8\uc8fc\uad70 \uc774\ube44\uc778\ud6c4\uacfc \uc8fc\uc18c \uc9c4\ub8cc\uc2dc\uac04 \uc810\uc2ec\uc2dc\uac04 \uc9c4\ub8cc\ubd84\uc57c \uacf5\ud734\uc77c \uc9c4\ub8cc\uc5ec\ubd80(2024\ub144)\">\uc6b8\uc0b0 \uc6b8\uc8fc\uad70 \uc774\ube44\uc778\ud6c4\uacfc \uc8fc\uc18c \uc9c4\ub8cc\uc2dc\uac04 \uc810\uc2ec\uc2dc\uac04 \uc9c4\ub8cc\ubd84\uc57c \uacf5\ud734\uc77c \uc9c4\ub8cc\uc5ec\ubd80(2024\ub144)<\/a><\/div>\t\n         \n        <div class=\"ue-meta-data\">\n                                               \n            \n          \n                        \n            \n                        \n                        \n            \n              \n          <\/div>         \n                \n         <div class=\"uc_post_content\">\uc6b8\uc0b0 \uc6b8\uc8fc\uad70 \uc774\ube44\uc778\ud6c4\uacfc \uc815\ubcf4(\uc8fc\uc18c, \uc804\ud654\ubc88\ud638, \uc9c4\ub8cc\uc2dc\uac04, \uc810\uc2ec\uc2dc\uac04, \uc57c\uac04\uc9c4\ub8cc \uacf5\ud734\uc77c \uc9c4\ub8cc \uc5ec\ubd80 \ub4f1)\ub97c \ubaa8\ub450 \ud55c \ub208\uc5d0 \ubcf4\uae30 \uc88b\uac8c \uc815\ub9ac\ud574\ub4dc\ub9bd\ub2c8\ub2e4.<\/div>        \n                 \n      <\/div>\n    <\/div>\n     \n       \n  \n   <\/div>\n<div class=\"uc_post_list_box\">\n    \n  \t    <div class=\"uc_post_list_image\">\n      <a href=\"https:\/\/roundandsound.com\/round-info\/%ec%9a%b8%ec%82%b0-%ec%a4%91%ea%b5%ac-%ec%9d%b4%eb%b9%84%ec%9d%b8%ed%9b%84%ea%b3%bc\/\" title=\"\uc6b8\uc0b0 \uc911\uad6c \uc774\ube44\uc778\ud6c4\uacfc \uc8fc\uc18c \uc9c4\ub8cc\uc2dc\uac04 \uc810\uc2ec\uc2dc\uac04 \uc57c\uac04\uc9c4\ub8cc \uacf5\ud734\uc77c \uc9c4\ub8cc\uc5ec\ubd80(2024\ub144)\" target=\"_self\">\n          \n            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2024\/06\/\uc774\ube44\uc778\ud6c4\uacfc-\uc815\ubcf4-4-768x768.png\"  src=\"https:\/\/roundandsound.com\/wp-content\/uploads\/2024\/06\/\uc774\ube44\uc778\ud6c4\uacfc-\uc815\ubcf4-4-768x768.png\" alt=\"\uc6b8\uc0b0 \uc911\uad6c \uc774\ube44\uc778\ud6c4\uacfc\" width=\"768\" height=\"768\">\n        \t\n        \n      <\/a>\n    <\/div>\n  \t\t\n  \n    <div class=\"uc_post_list_content\">\n      <div class=\"uc_post_list_content_inside\">\n        \n                        \n         <div class=\"uc_post_list_title\"><a target=\"_self\" href=\"https:\/\/roundandsound.com\/round-info\/%ec%9a%b8%ec%82%b0-%ec%a4%91%ea%b5%ac-%ec%9d%b4%eb%b9%84%ec%9d%b8%ed%9b%84%ea%b3%bc\/\" title=\"\uc6b8\uc0b0 \uc911\uad6c \uc774\ube44\uc778\ud6c4\uacfc \uc8fc\uc18c \uc9c4\ub8cc\uc2dc\uac04 \uc810\uc2ec\uc2dc\uac04 \uc57c\uac04\uc9c4\ub8cc \uacf5\ud734\uc77c \uc9c4\ub8cc\uc5ec\ubd80(2024\ub144)\">\uc6b8\uc0b0 \uc911\uad6c \uc774\ube44\uc778\ud6c4\uacfc \uc8fc\uc18c \uc9c4\ub8cc\uc2dc\uac04 \uc810\uc2ec\uc2dc\uac04 \uc57c\uac04\uc9c4\ub8cc \uacf5\ud734\uc77c \uc9c4\ub8cc\uc5ec\ubd80(2024\ub144)<\/a><\/div>\t\n         \n        <div class=\"ue-meta-data\">\n                                               \n            \n          \n                        \n            \n                        \n                        \n            \n              \n          <\/div>         \n                \n         <div class=\"uc_post_content\">\uc6b8\uc0b0 \uc911\uad6c \uc774\ube44\uc778\ud6c4\uacfc \uc815\ubcf4 \uc6b8\uc0b0\uc758 \uad6c\ub3c4\uc2ec\uc774 \uc788\ub358 \uacf3, \ubc14\ub85c \uc911\uad6c\uc778\ub370\uc694. \uc6b8\uc0b0 \uc911\uad6c \uc774\ube44\uc778\ud6c4\uacfc \uc815\ubcf4\ub97c \uc815\ub9ac\ud574\ub4dc\ub9ac\uaca0\uc2b5\ub2c8\ub2e4. \uc911\uad6c\ub294 \uc55e\uc11c \ub9d0\uc500\ub4dc\ub838\ub4ef \uc6b8\uc0b0\uc758 \uad6c\ub3c4\uc2ec\uc774 \uc788\ub358 \uacf3\uc774\ub77c \ubcd1\uc6d0\ub4e4\ub3c4...<\/div>        \n                 \n      <\/div>\n    <\/div>\n     \n       \n  \n   <\/div>\n\n<\/div>\n\n\n  <div id=\"uc_post_list_elementor_a4be97d_empty_message\" class=\"ue-no-posts-found\"  style=\"display:none\" >No posts found<\/div>\n\n\n<!-- end Post List -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Input-Output Table The input-output table represents the output and input structure for each product, assuming that a single product is produced for each industry. This presupposes the use of the same production technology. Therefore, input-output tables are used to analyze the ripple effects between sectors. Coefficients obtained from the input-output table are extensively employed in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5086,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[58],"tags":[60,62,162,164,163],"table_tags":[],"class_list":["post-5085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economics","tag-economics","tag-economics-lecture","tag-162","tag-164","tag-163"],"amp_enabled":true,"rttpg_featured_image_url":{"full":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399.jpg",360,257,false],"landscape":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399.jpg",360,257,false],"portraits":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399.jpg",360,257,false],"thumbnail":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399-150x150.jpg",150,150,true],"medium":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399-300x214.jpg",300,214,true],"large":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399.jpg",360,257,false],"1536x1536":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399.jpg",360,257,false],"2048x2048":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399.jpg",360,257,false],"woocommerce_thumbnail":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399.jpg",360,257,false],"woocommerce_single":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399.jpg",360,257,false],"woocommerce_gallery_thumbnail":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399-100x100.jpg",100,100,true],"variation_swatches_image_size":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399-50x50.jpg",50,50,true],"variation_swatches_tooltip_size":["https:\/\/roundandsound.com\/wp-content\/uploads\/2023\/11\/pngtree-team-meeting-in-conference-room-image_2246399-100x100.jpg",100,100,true]},"rttpg_author":{"display_name":"Round Admin","author_link":"https:\/\/roundandsound.com\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/roundandsound.com\/category\/round-studies\/economics\/\" rel=\"category tag\">ECONOMICS<\/a>","rttpg_excerpt":"Input-Output Table The input-output table represents the output and input structure for each product, assuming that a single product is produced for each industry. This presupposes the use of the same production technology. Therefore, input-output tables are used to analyze the ripple effects between sectors. Coefficients obtained from the input-output table are extensively employed in&hellip;","_links":{"self":[{"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/posts\/5085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/comments?post=5085"}],"version-history":[{"count":8,"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/posts\/5085\/revisions"}],"predecessor-version":[{"id":5099,"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/posts\/5085\/revisions\/5099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/media\/5086"}],"wp:attachment":[{"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/media?parent=5085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/categories?post=5085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/tags?post=5085"},{"taxonomy":"table_tags","embeddable":true,"href":"https:\/\/roundandsound.com\/wp-json\/wp\/v2\/table_tags?post=5085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}