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Working Capital in an Input–Output Model

In: Input–Output Economics: Theory And Applications Featuring Asian Economies

Author

Listed:
  • Thijs ten Raa
  • Debesh Chakraborty
  • Tuhin Das

Abstract

Working capital is capital in the pipeline of the production process. Little has been done to formalize the concept of working capital in an input–output framework. The objective of the paper is to provide an input–output model of working capital and to assess its empirical value. In Section 1, a brief discussion on capital is presented. In Section 2, we develop the theoretical framework of the analysis. Section 3 deals with the empirical work, and Section 4 concludes the paper.

Suggested Citation

  • Thijs ten Raa & Debesh Chakraborty & Tuhin Das, 2009. "Working Capital in an Input–Output Model," World Scientific Book Chapters, in: Input–Output Economics: Theory And Applications Featuring Asian Economies, chapter 15, pages 263-281, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789812833679_0015
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    Cited by:

    1. Thijs ten Raa, 2022. "Reswitching and capital models," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 11(1), pages 1-5, December.

    More about this item

    Keywords

    Input–Output Analysis; National Accounts; Productivity; Performance; Canadian Economy; Chinese Economy; Indian Economy; Asian Economics;
    All these keywords.

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F37 - International Economics - - International Finance - - - International Finance Forecasting and Simulation: Models and Applications
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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