The Development Lineage and Frontier Dynamics of Input-Output Models: Review and Prospects
School of Economics and Management, Shaanxi University of Science and Technology, Xi'an 710021, China
| Abstract: | Since the construction of the input-output model by Leontiv in the 30s of the 20th century, it has gradually developed into an important analytical tool to systematically describe the correlation and structural characteristics between economic sectors. The model quantifies the quantitative relationship between intermediate products and final demand by constructing an input-output table, and reveals the direct and indirect dependencies between departments with the help of direct consumption coefficients and Leontiev inverse matrices. With the increasing complexity of the economic system, traditional static models have gradually become inadequate in describing dynamic processes and spatial correlations, prompting scholars from many countries to conduct in-depth discussions on model dynamics, multi-regional expansion, and cross-field integration. This paper systematically sorts out the theoretical context, basic framework and development context of the input-output model and its development context in various fields such as environmental economy, international trade, and financial risk, summarizes the key explorations made by scholars at home and abroad in the improvement and frontier expansion of the model, and provides theoretical reference and methodological support for subsequent research. |
| Keywords: | Input-output Table; Model Development; Review |
| DOI: | 10.57237/j.wjeb.2025.02.005 |
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Received: 13 November 2025
Accepted: 8 December 2025
Published Online: 29 December 2025
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