Foreign Trade Multiplier, Input-Output Analysis and the Consumption Function

Abstract

I. Introduction, 53. — II. The foreign trade multiplier and the circular flow of intermediate products, 53. — III. The revised multiplier and the fundamental equation for an open economy, 55. — IV. The interindustrial analysis and the consumption function, 58. — V. Formula for the computation of the subjoined inverse showing the effect of endogenous changes in consumption, 62.