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Full-Text Articles in Dynamic Systems
Entropy Measures In Input-Output Analysis, Martin Zwick, Abbas Heiat
Entropy Measures In Input-Output Analysis, Martin Zwick, Abbas Heiat
Complex Systems Faculty Publications and Presentations
Applications of Shannon's entropy measure to the matrices of technical and interdependence coefficients, to the final demand vector, and to other aspects of input- output tables are proposed. These entropy measures serve as indices of different types of economic diversity. The relevance of such indices for economic planning and for analyses of economic structural complexity and development is discussed.