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Unveiling Cost Burden Interdependencies with the Use of the Hypothetical Extraction Method
2015
Theoretical Economics Letters
Networked economies constitute an interlocked mechanism of direct effects and indirect feedbacks. Each piece of the mechanism plays a specific role influencing the overall performance of the system. In the setup of an interindustry economy, the interlocked pieces are typical economic sectors. Any sector influences other sectors and is in turn being influenced by them. We propose a new methodology to unveil the underlying cost linkage effects being exerted by sectors and affecting the complete
doi:10.4236/tel.2015.52025
fatcat:uom26obc7vhytmp56pxh2as6hu