earticle

영어

The complemented general relation between two different notions of direct and indirect input requirements( and ) and the decomposition of factors in the output requirements matrix for final demand were proposed by Gim and Kim(2005, 2008). Furthermore we showed that there is consecutive connection between the Leontief inverse and the final demand , but there is no consecutive connection between and the total output .From the research results above, the study objectives of this paper can be summarized as follows. (1) We develop an alternativeOutput-Output(OO) modelwithout having overestimation and consecutive connection problems and compile a newOutput-Output tableon the basis of the OO model to analyse the various economic impacts. (2) We make a comparative study between the input-output table and the output-output table for the complementary using.For the performance of the empirical illustration, we consider an economy with 5 sectors which has been obtained by reaggregating the 28 basic sectors given in the 2003 Input-Output Tables of Korea. Moreover as a specific example for the usefulness of the OO model and table, we formulate the OO multipliers, corresponding to input-output multipliers, that can accept output as an initial change.