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This book highlights the social, economic and environmental importance of the mutual relations between industries in the same and in different regions and nations, and demonstrates how to model these relations using regional, interregional and international input-output (IO) models. It enables readers familiar with standard matrix algebra to extend these basic IO models with endogenous household expenditures, to employ supply-use tables (SUTs) that explicitly distinguish the products used and sold by industry, and to use Social Accounting Matrices (SAMs) that detail the generation, redistribution and spending of income. In addition to the standard demand-driven IO quantity model and its accompanying cost-push IO price model, the book also discusses the economic assumptions and usefulness of the supply-driven IO quantity model and its accompanying revenue-pull IO price model. The final chapters highlight three main applications of the IO model: (1) economic impact analysis of negative supply shocks as caused by, for example, natural disasters, (2) linkages, key sector and cluster analysis, (3) structural decomposition analysis, especially of regional, interregional and international growth, and demonstrate the strengths and weaknesses of these IO applications. This book appeals to economists and planners as well as scholars of regional and spatial science.

Input-output analysis. --- Interindustry economics --- Economics, Mathematical --- National income --- Input-output tables --- Accounting --- Regional economics. --- Spatial economics. --- Environmental economics. --- Economic geography. --- Industrial organization. --- Regional/Spatial Science. --- Environmental Economics. --- Economic Geography. --- Industrial Organization. --- Industries --- Organization --- Industrial concentration --- Industrial management --- Industrial sociology --- Geography, Economic --- World economics --- Geography --- Commercial geography --- Economics --- Environmental quality --- Spatial economics --- Regional economics --- Regional planning --- Regionalism --- Space in economics --- Environmental aspects --- Economic aspects

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This Selected Issues paper examines the vulnerability of firms in Malta and investigates the effect of their balance sheets on investment in innovation. The results indicate that, while the financial health of medium and large firms has improved in recent years, vulnerabilities remain in the construction sector and for small and medium enterprises. Firms with weaker balance sheets tend to invest less in innovation, even during good times. Policy implications call for (1) accelerating the restructuring of corporate balance sheets of highly leveraged but viable firms, (2) improving the insolvency framework to allow a fast exit of nonviable companies, and (3) expanding corporate funding options for small and medium enterprises, including via nonbank financing alternatives.

Economic development --- Input-output analysis --- Interindustry economics --- Economics, Mathematical --- National income --- Input-output tables --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Accounting --- International Monetary Fund --- Internationaal monetair fonds --- International monetary fund --- Macroeconomics --- Real Estate --- Industries: Service --- Industries: Financial Services --- Housing Supply and Markets --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Public Administration --- Public Sector Accounting and Audits --- Business Fluctuations --- Cycles --- Industry Studies: Services: General --- Property & real estate --- Finance --- Financial reporting, financial statements --- Housing prices --- Financial statements --- Financial conditions index --- Services sector --- Prices --- Financial institutions --- Public financial management (PFM) --- Economic sectors --- Financial sector policy and analysis --- Housing --- Finance, Public --- Business cycles --- Service industries --- Malta