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Input Structures through Time: The Case of Coal Mining Industry
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THE theory of input-output analysis suggests a method for explaining a wide range of economic transactions in terms of a basic matrix of coefficients describing the technological interdependence of industries. Linear homogeneous production functions are assumed and the technical restrictions governing input flows in each industry are described by a set of coefficients, 'αij, the quantity of the output of industry i technically required per unit of output of industry j.
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