Entropy Measure in Input-Output AnalysisSystems Science Faculty Publications and Presentations
- Entropy (Information theory),
- Input-output analysis,
- Information theory in economics
AbstractApplications 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.
Citation InformationZwick, M., Heiat, A. (1982) "Entropy Measures in Input-Output Analysis." Systems Science and Science: Proceedings of the Twenty-Sixth Annual Meeting of the Society for General Systems Research, ed. by L. Troncale, SGSR, Louisville, KY, 1982.