We develop a novel linear equilibrium model with an Armington flavor. We provide (1) proof of the solvability of the model and of the existence and non-negativity of the equilibrium solution and of the newly derived multiplier matrix; we also show (2) that the standard Leontief multiplier matrix...

The capacity of input-output tables to reflect the structural peculiarities of an economy and to forecast, on this basis, its evolution, depends essentially on the characteristics of the matrix A matrix of I-O (or technical) coefficients. However, the temporal behaviour of these coefficients is...

Many economic models (e.g., computable general equilibrium models, econometric input-output models) revolve around a matrix of technical coefficients. However, these matrices can be estimated only once every 5 years as long as they are calculated from input-output tables and these are only...

Understanding the industrial structure of a national or regional economy is one of the central issues in economics. The triangulation of an input-output table (IOT) can be employed to understand the production structure of an economy. Inter-temporal and inter-regional comparisons of multiple...

Resource prices rise when more costly sources need to be exploited. When the world price increases, owners of low-cost sources receive scarcity rents. The magnitude of the rents depends on the range of resource qualities being simultaneously exploited and can represent a substantial transfer of...

The paper studies the properties of the productive structure of a region and national economies within the region. We use input-output data to calculate and compare input-output linkages and complex network measures of centrality to identify the most important sectors. We found that the most...

Since the 1990s, the clothing and textile (C&T)-industry has been tremendously affected by changes in technology, trade costs, and the institutional environment. This paper studies the restructuring of C&T-trade from the perspective of Europe's two most prominent C&T-goods producing...

The aim of this research is to introduce a multiregional social accounting matrix (SAM) in Japan evaluating the regional and interregional spillover effects of economic impacts and to show the impact flows of economic linkages based on SAM. While research on national and regional SAM has become...

The chaebol, a South Korean form of business conglomerate, has been a key factor in the country's economic growth. In this study, the chaebol sector is added to the asset-liability matrix derived from a flow-of-funds analysis in order to explain the role of the chaebol in the Korean financial...

This study mainly aims to provide an inter-industry analysis through the subdivision of various industries in flow-of-funds (FOF) accounts. Combined with the Financial Statement Analysis data from 2004 and 2005, the Korean FOF accounts are reconstructed to form 'from-whom-to-whom' basis FOF...