Discuss the importance of the Hawkins-Simon conditions in input-output analysis

Importance of Hawkins-Simon Condition on reducibility. There has been interest in disaggregation to clustered inter-industry flows, and the study of constellations of industries. A great deal of empirical work has been done to identify coefficients, and data have been published for the national economy as well as for regions. This has been a healthy, exciting area for work by economists because the Leontief system can be extended to a model of general equilibrium; it offers a method of decomposing work done at a macro level. Transportation is implicit in the _________ __________ ____ _________ _________ _______ _______ ___ ___ __________ _____ _______.
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