A Study on Application of Input–Output Analysis in the Indian Food Processing Industry

Ashok Kumar Sahoo; Vandana Dabral; Patanjali Sharma

doi:10.59828/pijms.v2i1.24

Authors

Ashok Kumar Sahoo Department of Mathematics, Regional Institute of Education, Utkal University, Vani Vihar, Bhubaneswar, Odisha, India Author https://orcid.org/0009-0002-1220-2075
Vandana Dabral Department of Mathematics, Navajyoti +3 Science College, Sisupalgarh, Bhubaneswar, Odisha, India Author
Patanjali Sharma Regional Institute of Education (NCERT), Ajmer Author

DOI:

https://doi.org/10.59828/pijms.v2i1.24

Keywords:

Input–Output Analysis, Food Processing Industry, Agriculture, Forestry and Fishing Sector, Leontief Model, Technology Matrix, Hawkins–Simon Conditions.

Abstract

This paper determines the links from Agriculture, forestry and fishing industry to Food and Beverages industry by the help of structural relationships associated in input-output tables. The paper develops a methodology to modify the magnitude of economic fluctuations and trace their downstream effects throughout the entire value chain. This section categories the fundamental principles of input-output analysis and gives its practical application through a simplified inter-industry transaction model, using data sourced from the Library with ADB Data, India: Input-Output economic indicators (Tables)-2020. The analysis infers that input-output frameworks streamline cost management; by requiring a precise definition of each sector's value-added function, they allow for more rigorous oversight of production
inputs.