The purpose of this paper is twofold. First, the authors 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, they use the SAM to assess the strength of the...

This article analyses the trend in sectoral shares in state domestic product and inter-sectoral linkages in north-east India for the period 1981 to 2007. The causality test reveals that there exists bidirectional causality among the sectoral output of north-eastern states, at least in the short...

The real effective exchange rate (REER) is one of the most cited statistical constructs in open-economy macroeconomics. We show that the models used to compute these numbers are not rich enough to allow for the rising importance of global value chains. Moreover, because different sectors within...