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The economic crisis has resulted in the shedding of labour characterised by significant differences across the Spanish regions, among which the case of Andalusia stands out. This paper aims to explain the events that occurred between 2005 and 2010, focusing on analysing the region's productive...
Persistent link: https://www.econbiz.de/10011437182
This work provides an extensive overview of the input-output (IO) literature, both theoretical and empirical, dealing with the inherent IO data uncertainty issues. The survey is carried out on the basis of a specific uncertainty technique used, rather than taking a chronological overview...
Persistent link: https://www.econbiz.de/10013010795
This paper is a reply to Oosterhaven's reply of the paper A critical comment on Oosterhaven-Stelder net multipliers written by de Mesnard in this issue of The Annals of Regional Science. It is argued that, unlike Oosterhaven's statement, (1) any coefficient must be stable but Oosterhaven-Stelder...
Persistent link: https://www.econbiz.de/10014052047
Most of the comment of de Mesnard applies to a causal interpretation of the net multiplier that is applied to economically impossible exogenous (changes in) total output. This reply shows that this interpretation is incorrect and that his further argumentation is based on a time inconsistent...
Persistent link: https://www.econbiz.de/10014052048
Recently, Oosterhaven and Stelder (OS, 2002) have introduced the operational idea of a 'compensated net multiplier' (CNM) to take into account the double counting that occurs when output replaces final demand as an exogenous entry when the Leontief model is used to evaluate operationally the...
Persistent link: https://www.econbiz.de/10014052049
Larger Indian firms selling inputs to other firms tend to have more customers, tend to be used more intensively by their customers, and tend to have larger customers. Motivated by these regularities, I propose a novel empirical model of trade featuring endogenous formation of input-output...
Persistent link: https://www.econbiz.de/10012697136
Recent studies emphasize the role of the network structure of production input interlinkages for a wide range of economic outcomes including shock propagation and the emergence of aggregate fluctuations. In most of these studies the input-output architecture is fixed and exogenously given and...
Persistent link: https://www.econbiz.de/10012020243
The purpose of this paper is twofold. First, we provide a detailed social accounting matrix (SAM), which incorporates the income and financial flows into the standard input-output matrix, for the Canadian economy for 2004. Second, we use the SAM to assess the strength of the real-financial...
Persistent link: https://www.econbiz.de/10009010515
This paper argues that in the presence of intersectoral input-output linkages, microeconomic idiosyncratic shocks may lead to aggregate fluctuations. In particular, it shows that, as the economy becomes more disaggregated, the rate at which aggregate volatility decays is determined by the...
Persistent link: https://www.econbiz.de/10009489113
In this paper we study the employment effects of changes in the levels and patterns of outsourcing in the Austrian economy over the periods 1995-2000 and 2000-2003. Based on an input-output framework we apply a hierarchical decomposition analysis to disentangle the employment effects of changes...
Persistent link: https://www.econbiz.de/10011392237