The optimal adjustment to mineral-supply disruptions: The case of aluminum in Taiwan

This paper addresses the issue of the plausibility of the supply-driven input-output model from an empirical standpoint. We suggest that requiring production coefficients to remain perfectly fixed during an application of the supply-driven input-output model is unnecessarily restrictive given the extensive use of approximation methods in mathematics, economics and regional science. Simulations with the supply-driven version of an input-output table for a representative region are shown to result in changes in the corresponding production coefficients well within conventional tolerance levels.

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The optimal adjustment to mineral-supply disruptions: The case of aluminum in Taiwan

Cited by 2 publications

References 8 publications

Accounting for technical substitution in the input-output model

Accounting for technical substitution in the input-output model

On the Plausibility of the Supply‐driven Input‐output Model: Empirical Evidence on Joint Stability*

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