A major concern of policymakers and researchers in China is finding an appropriate size of the gross fixed capital investments for water conservancy (GFCIWC). This paper determines the optimal proportion of GFCIWC to GDP. Unlike engineering economics, we investigate the benefits of GFCIWC at a...

This paper proposes an extended input-output model on education. Production is divided into two subsystems, the education sector and the non-education sector. The education sector is reflected by both 'monetary flows' and 'student flows.' Second, static and dynamic extended input-output models,...

In this paper, the input-output model is extended with assets. It allows us to examine the various assets that are held and used in production. The requirements of assets that must be held by each sector can thus be specified. Extending the input-output model with assets provides a better...

China has a population of 1.3 billion and grain accordingly plays a crucial role in the Chinese economy. In this paper we suggest predicting grain output mainly by factor inputs and asset holding, and present a Systematic Integrated Prediction Approach (SIPA). The key elements of SIPA are an...

Using the input-output tables for water conservancy for the nine major river basins in China in combination with linear programming techniques, we calculate the shadow prices of industrial water and productive water in the nine river basins. After the results are subjected to factor analysis,...