Abstract

A relational input-output-model consists of an input space O≠V⊆R + n , an output space O≠X⊆R + n , and a total relation Q⊆VxX called the input-output relation. This input-output relation includes all tuples of input and output vectors which represent technologically feasible activities, and which in that sense form a technology set. In a given activity the output vector is interpreted as a list of gross production and gross disposal, while the input vector is interpreted as a list of gross consumption and gross emission. The term “technology” includes semantically not only classical production processes, but also contemporary disposal processes. The result of an activity is defined as the difference between the output vector and the input vector, and is the list of net production/disposal and net consumption/emission. The result of an activity is a list of expenditures and returns, and can be conceived as quantities of production factors and products.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.