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In the present study, five stylized facts about China's producer services are established through international, intersectoral and intertemporal comparisons based on input–output tables. First, the overall service input ratio is the lowest in all the sample economies. Second, most producer...
Persistent link: https://www.econbiz.de/10015248118
Input–output analysis describes the interdependence between industries in an economy. General equilibrium theory provides the theoretical foundation for input–output analysis, while the input–output table is a prerequisite for empirical input–output work. Advances in science and...
Persistent link: https://www.econbiz.de/10015248119