ABSTRACT
This chapter explores static and dynamic Extended Input-Output (I-O) models and their implications for policy-making and implementation. The scale and speed of economic growth established through a series of calculations are in conformity with the comprehensive balance and able to improve coordination between production sectors. The Dynamic Extended I-O Model is characterized by an introduction of the time lag factor of capital construction, which reflects its long-term impact on economic comprehensive balance. The Extended I-O Model is used for a comprehensive investigation of various links of social reproduction and assist in drawing up a more integrated plan. It can assess balance between state revenue and expenditure. It can establish the balance between income and expenditure of credit and loan. It can disclose the balance between imports and exports. It can investigate the interconnection between material and non-material production sectors and promote the development of services, scientific research, culture, education and health care sectors.
