Inoperability input-output modeling of disruptions to interdependent economic systems

2006 ◽  
Vol 9 (1) ◽  
pp. 20-34 ◽  
Author(s):  
Joost R. Santos
Author(s):  
Monica Laura Zlati ◽  
Romeo-Victor Ionescu ◽  
Valentin Marian Antohi

According to the current concerns about social welfare and environmental protection, integrated in a model assimilated to intrabusiness relations, our research started from the analysis of the initial model SAM, which will be transformed in order to develop the SAMI model under six research objectives. The need of improving SAM matrix started to connect it directly to the regional economic systems and continued to a new approach on Input-Output Analysis. Nowadays, SAM describes the intraregional connections between regional economic actors using the role of different income categories. Moreover, SAM can quantify different regional multipliers. All deficiencies previously identified in connection to SAM model have been reviewed and resolved within the proposed SAMI model by the authors of this paper. The purpose of this research is the launch of an absolutely new mathematical model (SAMI) and its practical testing at regional level. This model is able to systematize the links between the local and regional businesses, under the matrix (SAMI) flow, for all kinds of companies and to assist the regional decision, as well. Czamanski was not able to escape from the input-output prison’s approach. This is why he continued to use the linear interdependencies between the industries, economic sectors and economic actors. The income is able only to approximate the individuals and other economic actors’ welfare. If the increase in the average and aggregate income is doubled by an unfair distribution of income in two countries which have the same average income, the effects on welfare vary a lot. A relatively similar effect comes from the government policy differences in income distribution and redistribution.


2014 ◽  
Vol 26 (1) ◽  
pp. 60-80 ◽  
Author(s):  
Joost R. Santos ◽  
Krista Danielle S. Yu ◽  
Sheree Ann T. Pagsuyoin ◽  
Raymond R. Tan

2011 ◽  
Vol 70 (9) ◽  
pp. 1660-1671 ◽  
Author(s):  
Mateo Cordier ◽  
José A. Pérez Agúndez ◽  
Martin O'Connor ◽  
Sébastien Rochette ◽  
Walter Hecq

2016 ◽  
Vol 7 (1) ◽  
pp. 45-55 ◽  
Author(s):  
Jesah Grace Masbad ◽  
Vianca Mae Noel ◽  
Rauvel Shay Omega ◽  
Lanndon Ocampo ◽  
Arjeany Fretzhie Abatayo ◽  
...  

Abstract This paper proposes a methodology in identifying key production processes in an interdependent production system. Previous approaches on this domain have drawbacks that may potentially affect the reliability of decision-making. The proposed approach adopts the Leontief input-output model (L-IOM) which was proven successful in analyzing interdependent economic systems. The motivation behind such adoption lies in the strength of L-IOM in providing a rigorous quantitative framework in identifying key components of interdependent systems. In this proposed approach, the consumption and production flows of each process are represented respectively by the material inventory produced by the prior process and the material inventory produced by the current process, both in monetary values. A case study in a furniture production system located in central Philippines was carried out to elucidate the proposed approach. Results of the case were reported in this work


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