China is widely seen as one of the sources of global macroeconomic imbalances. Its persistent current account surplus and capital exports to the United States are even cited as one of the causes of the global financial crisis. The most common explanation traces China's current account surplus to...

China is widely seen as one of the sources of global macroeconomic imbalances. Its persistent current account surplus and capital exports to the United States are even cited as one of the causes of the global financial crisis. The most common explanation traces China's current acca ount surplus...

Der Input-Output-Analyse wird in der ökonomischen Theorie seit längerer Zeit nur geringe Aufmerksamkeit zuteil. Der vorliegende Aufsatz soll ein Beitrag dazu sein, sie wieder in den Mainstream der Debatte zurückzuholen. Es wird gezeigt, dass klassische Modelle der ökonomischen Theorie –...