Input

input-output analysis

Economic analysis developed by Wassily Leontief, in which the interdependence of an economy's various productive sectors is observed by viewing the product of each industry both as a commodity for consumption and as a factor in the production of itself and other goods. For example, input-output analysis will break down a nation's total production of trucks, showing that some trucks are used in the production of more trucks, some in farming, some in the production of houses, and so on. An input-output analysis is usually summarized in a gridlike table showing what various industries buy from and sell to one another.

Learn more about input-output analysis with a free trial on Britannica.com.

See output
Search another word or see Inputon Dictionary | Thesaurus |Spanish
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature