In recent years, there has been a resurgence of interest in the controversies surrounding capital theory. At the heart of these debates are the empirically observed near-linearities in the price-rate of profit and wage rate of profit curves. This article posits that these near-linearities can be...

The COVID-19 pandemic has had a significant and unprecedented impact on the global economy, affecting both supply and demand in various industries. The literature on the pandemic has mainly focused on evaluating its real-time impact, using input-output analysis as a toolset. However, this paper...

Network linkage is important in evaluating macroeconomic performance since input‒output networks across industries are asymmetric and respond differently to external shocks. While most studies implicitly assume elastic substitution between intermediates and factors using Cobb‒Douglas models,...

Two perspectives on the analysis of economic growth have developed within the input-output framework. On the one hand, Leontief proposed a dynamic model, where investment supplies the necessary capital stock needed to produce future output. On the other hand, Structural Decomposition Analysis...

Ecuador is one of the most megadiverse countries in the world and a pioneer in establishing some regulations to take care of its environment. Despite this, its levels of pollution and environmental deterioration are higher than those of neighboring countries. A better understanding of the...

This paper examines Myanmar's economic structure and its sources of economic growth during the period of economic reformation from 2010 to 2015. The study compares the economic performance of Myanmar with that of four other ASEAN countries employing the backward linkage and deviation from...

South Korea's Seoul metropolitan area accounts for more than half of the country's GDP and population. This phenomenon is exacerbating annually. Regions outside the metropolitan area of Korea are not only decreasing in terms of economic size, but are also becoming more dependent on the...