Word: inputs
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...last fall, when a similar rumor travelled the academic grapevine, Leontief had no doubts that this time the prize was his. He was the only department member with a Russian name, and his widely used input-output theorem had long been considered worthy of the $120,000 cash prize...
...vibrant Russian emigre developed the input-output analysis while teaching at Harvard in the early 1930s. Since then, his method has been used chiefly for planning in socialist and developing countries...
...characteristic down-to-earth manner, Leontief likens his complex input-output matrix to a cookbook recipe: "You add a little bit of these production factors, and you get a little bit of those...
...elegantly simple method is based on the idea that the products of certain industries are used as production factors in other industries. Using input-output analysis, an economist can chart the interdependence of industrial output and predict the effects shifts in one industry will have on another...
...said that students at the meeting expressed their dissatisfaction with student-faculty relationships, first-and second-year requirements, lack of student input into department decisions, and the financial aid plan...