Showing 1 - 10 of 31
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...
Persistent link: https://www.econbiz.de/10011552000
This paper uses input-output data from Supply and Use Tables for the year 2010 and provides empirical estimations of the static demand multipliers in a joint production framework for two representative Southern Eurozone economies, i.e., Greece and Spain, and for the Eurozone economy as a whole....
Persistent link: https://www.econbiz.de/10011991452
Using input-output data from Symmetric Input-Output Tables for the year 2010 and relevant price models, this paper provides empirical estimations of medium- and long-run effects of wage and currency devaluations on international price competitiveness and income distribution for two 'PIIGS...
Persistent link: https://www.econbiz.de/10013288243
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...
Persistent link: https://www.econbiz.de/10013288258
We use the World Input-Output Database (WIOD) combined with regional sectoral employment data to estimate the potential regional employment effects of interna-tional trade barriers. We study the case of a no-deal Brexit in which imports to the United Kingdom (UK) from the European Union (EU)...
Persistent link: https://www.econbiz.de/10013288342
This article using the principal components analysis identifies key industries and groups them into particular clusters. The data come from the US benchmark input-output tables of the years 2002, 2007, 2012 and the most recently published input-output table of the year 2019. We observe some...
Persistent link: https://www.econbiz.de/10013288360
This paper addresses the question whether the results of input-output (IO) impact analyses differ (and to what extent) when a framework in current prices or in constant prices is used. We consider the effect of an exogenous stimulus of final demand in current prices on (a) gross output in...
Persistent link: https://www.econbiz.de/10010317883
This paper presents a methodology to integrate cost-benefit analysis and SAM-CGE-based impact evaluation. While the two types of analysis have developed in parallel and without a clear connection, there is growing consensus that the two approaches should be integrated for complex investment...
Persistent link: https://www.econbiz.de/10013288341
Energy subsidies are causing adverse effects on the economy and environment stimulating inefficient resource allocation and excessive energy consumption. Therefore, multiple positive effects are likely to be obtained if subsidies are reduced or removed completely. This study estimates indirect...
Persistent link: https://www.econbiz.de/10011552004
In this study, a village input-output table (VIOT) is built from household survey data from a rural village in a developing country to capture the interdependency between households through their transactions in 2016. This VIOT is a simple, but useful tool for understanding the economic...
Persistent link: https://www.econbiz.de/10013288332