Abstract
The value of input-output has been debated since the development of interindustry analysis four decades ago.While most critics do not question the value of" input-output tables as a means of organizing and classifying statistical data or doubt the catalytic role interindustry analysis has played in stimulating improvement in the quantity and quality of economic data, controversy has arisen over the validity of input-output analysis as an economic forecasting device. Despite the large volume of input-output and related research conducted since Leontief's work in the 1930's, 1 the question ,,Can alternate and less costly methods yield predictions of industry outputs which are as good as or superior to those derived through inter industrytechniques?,)st i l l remains unanswered.
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