EMPIRICAL APPLICATION OF INPUT-OUTPUT MODEL IN THE DYNAMIC MATRIX APPROACH FOR THE SUPPLY AND DEMAND MANAGEMENT OF RESOURCES IN KOREA.

The comprehensive control system of supply and demand of the main important materials, and the prices according to the matrix of controlling the supply and demand of materials are discussed. A concrete approach presenting a management method is studied which may set up a comprehensive counter-measure of policy making in the administration of supply and demand of the industrial goods and control of the prices by understanding in a vital way the effects various factors such as changes of economic structures, home and foreign economic conditions, etc. make in the supply, demand of materials and prices of industrial goods with introduction of the matrix system, one of the Input-Output analysis methods. Various procedures are described.