Economic input-output analysis

Economic input-output analysis is a method used to measure how different sectors of an economy interact and depend on each other. It tracks the flow of goods, services, and money between industries, showing how the output of one sector becomes the input for another. This helps identify the overall structure of the economy, determine the impact of changes in one industry on others, and estimate economic effects of policies or events. Essentially, it provides a detailed map of economic activity, illustrating how interconnected and interdependent industries are within a country's economy.