Yanyuan Zhu
又是一个放大效应。不过用投入产出模型来分析，倒是满有意思的。虽然我不喜欢投入产出模型，从这个模型中看不到Economic Growth model的潜在增长潜力。
This column uses input-output analysis to show that the fall in US demand has had an amplified effect on Japan because it not only reduces Japanese net exports to the US but also net exports of intermediate goods to Asian countries, where they would have been assembled for final export to the US.
japan economics
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