Input-Output Analysis

'Generations of scholars and practitioners in input-output grew up with Miller and Blair (MB). The last generation had to learn the trade using a worn out copy from the library or a thumbed xerox copy of a xerox copy of MB. With the new version, MB2, input-output seems well equipped for future generations. […] MB has been THE input-output textbook for the past decades. I anticipate that MB2 will be THE textbook in input-output for many decades to come.' Erik Dietzenbacher, University of Groningen

'Miller and Blair have done a great service by updating and expanding their important book. The long-anticipated second edition is remarkably comprehensive. No other source is so thorough, clear, and authoritative. Input-Output Analysis is both text book and indispensable reference work. Beginners will start with the fundamentals of the model, including theory, algebra, and data issues. Experts will realize how much more there is to learn and be directed, via ample references, to journal articles and advanced books. If they study this book, skilled practitioners and consultants who do economic impact studies will avoid logical errors and nonsensical results.' Andrew Isserman, University of Illinois at Urbana-Champaign

'The new edition of Miller and Blair's superb volume on input-output analysis covers much of the same ground as the first edition but in even greater depth. The chapters on energy and environmental input-output analysis have been significantly expanded reflecting the heightened interest in environmental/energy-economy interactions. However, new chapters on social accounting matrices build a bridge to analysis of structural decomposition, and lead to links with general equilibrium models. Additional chapters on supply side models, expanded coverage of non-survey methods and mixed and dynamic models provide, in one volume, an impressive intellectual smorgasbord of theory and applications that will serve both the academic community and practitioners.' Geoffrey Hewings, University of Illinois at Urbana-Champaign

'This long-awaited second edition of Miller and Blair's Input-Output Analysis: Foundations and Extensions is destined to become a bestseller. They methodically and excellently review in fourteen chapters the basic input-output accounts, and they expand the accounting framework to new energy, environmental, and ecological issues. Readers should grab a copy to learn the basics, but, most importantly, to update their knowledge with the latest accounting concepts, and to learn in each chapter how to apply the accounting basics to sample problems of analysis.' Karen R. Polenske, Massachusetts Institute of Technology