Geary, R.C. (1962) An Experimental Input-Output Decision Model for Ireland. ESRI Memorandum Series No. 11 1962(?). [Policy Paper]
Abstract
The object of the present exercise is to develop a model, based on the Input-Output (IO) approach which can be used for forecasting purposes. The model in type will be decisional, as distinct from the "onlooker" or purely prophetic. Decision models are entirely hypothetical though naturally the hypotheses must be reasonable and as restricted as possible. The model is designed to show, in fairly considerable industrial detail, the economic pattern in some future year of reference on the assumption of different rates of increase in GNP. However detailed the pattern must be consistent in all its parts.
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