This paper studies the offshoring of services and whether this phenomenon is linked to the international fragmentation of activities or to a shift in outsourcing to foreign rather than domestic suppliers. Analysis is performed using the National Accounting input-output tables of Spain’s...

The impact of higher petroleum prices on the aggregate price level, real growth, and income distribution is appraised within a multisector computable general equilibrium (CGE) model. A reduction in the government subsidy raises petroleum prices and production costs throughout the economy....

This paper assesses the distributional impact of the recent VAT reform in the Philippines and evaluates alternative methods to mitigate the effects of the reform on poor households. The reform was progressive and relatively well targeted. To alleviate the impact of the reform on the poor,...

The current paper analyzes the transition process from the point of view of the structural changes in the Romanian economy after 1989. The groups of the Exporting sectors and of the Sectors that produce mainly for the domestic market (intermediate consumptions, final consumption and gross fixed...

For over 60 years conspicuous sums of money have been diverted to southern Italian regions. Nonetheless the positive effect of the so called extraordinary intervention has been limited. The south continues to be characterized by stagnant economies with high unemployment rates and rather low...

The Turkish economy has undergone drastic structural changes since 1980. While the effects of the Turkish adjustment programme have drawn considerable attention, a few studies have investigated its employment impacts. Unlike neoclassical expectation behind the structural adjustment programme,...

The aim of this paper is to discuss and to provide evidence for the existence of pecuniary knowledge externalities, considered here as the main cause of positive disequilibrium experience by downstream producers. The last effect, confirmed by the empirical analysis performed here, enriches the...

The impact of economic institutions on development is presently taken for granted but there is surprisingly scarce evidence on the channels through which institutions affect the organization of output. Imperfections in contractual enforcement, for example, could lead firms to adopt technologies...

This study describes the contribution of the agriculture and forestry industries to Virginia\'s economy. The study relies on both published and unpublished data as well as literature that address trends in the agriculture and forestry industries. It makes use of input-output analysis to identify...

Wine is usually studied as a separate activity. Our attempt is to introduce it within the industries composing output that react to disposable income changes. We first harmonize the available data in a Social Accounting framework. From this data base we get the parameters of a multi-industry...