With his revealed preference theory (RPT), Samuelson intended to offer “operational” foundations to neoclassical consumer theory by getting rid of unobservable or ill-conceived psychological arguments like, especially, introspection. According to Samuelson, RPT is operational inasmuch as...

Input-output (I-O) tables provide a snapshot of an economy, with details on i) intersectoral exchange of intermediate inputs, ii) components of final demand for sectoral outputs, and iii) components of sectoral value added and production. The tables are generally prepared by national statistics...

This paper provides an empirical analysis of Marx's theory of exploitation built on the standard interpretation of the value of labour power. The relationship between the aggregate value rate of profit and the aggregate price rate of profit is studied and it is shown that the two rates coincide...

Iran's simple and environmentally extended commodity by commodity input-output (IO) model was used to determine the impacts of dietary changes on the Iranian economy and on the environmental load. The original model is based on the status-quo diet and was modified to include the World Health...

The import penetration of exports has become a topic of public debate, particularly in the context of Germany’s position as one of the world’s leading exporters. The growth in the volume of intermediate products purchased from abroad for subsequent processing into export goods in Germany...

This paper considers the application of input-output accounting methods to consider the pollution implications of different production and consumption activities, with specific focus on pollution embodied in intra-and inter-national trade flows. We consider the illustrative case studies of...