The use of input-output analysis for the computation of secondary effects of final demand changes is well-known. These 'final demand effects' can be calculated using technical coefficients and the inverse of the Leontief matrix. This paper offers an alternative to the use of technical...

To identify the households most affected by a carbon tax I set up a multi-sector model with putty-clay technology. A $100-per-ton carbon tax cuts emissions by 25% after 5 years, but reduces output by 3% in the short run and 4% in the long run. Initially, the tax is progressive despite poorer...

This paper estimates how the impact of a natural disaster propagates through the production network. More precisely, we look at the excessive rainfall in the summer of 2021 that caused large areas to be severely flooded in Belgium. We first look at the direct effects on firms active in the...

We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks. The framework accommodates sectoral inputoutput linkages, arbitrary elasticities of factors and intermediates, and heterogeneous workers that endogenously choose to supply their...

This paper provides an updated overview of the network of Belgian business-to-business transactions from 2002 to 2021, building on the previous vintage of the dataset which covered 2002-2014. Leveraging data from VAT client lists, we establish a comprehensive and cohesive database detailing the...

In 2020, Belgian ports generated € 31.8 billion in direct and indirect value added (7% of Belgian GDP) and employed 254 611 full-time equivalents (FTEs) either directly or indirectly (5.9% of Belgian domestic employment including the self-employed). Despite the COVID-19 outbreak, direct...

This paper provides an extensive overview of the economic importance and evolution of the car manufacturing industry. In addition, it provides evidence that the car industry is still playing a vital role in process innovation. The currently widespread lean production method, under which...

This paper analyses the path of private consumption and its main macroeconomic determinants. These are related to the life-cycle approach which helps explaining consumption smoothing. In that respect, it is important to go beyond the simple correlation between current disposable income and...

This paper provides an extensive overview of the economic importance and development of the Flemish maritime ports, over the period 1995 - 2002. Focusing on the three major variables of value added, employment and investment, it also provides some information about the financial situation of a...

This paper provides an extensive overview of the economic importance and development of the Port Autonome de Liège, over the period 1997 - 2002. Focusing on the three major variables of value added, salaried employment and investment, it also provides information about the financial situation...