Industries often promote their interests by arguing that they have a big impact on the rest of the economy. This poses the question of how to measure the importance of an activity. To answer this, the literature often uses (regional) input-output analysis. This paper critically reviews the...

We develop a general theory of state-dependent fiscal multipliers in a framework featuring two empirically relevant frictions: idle capacity and unsatisfied demand. Our key novel finding is that the source of fluctuations determines the cyclicality of multipliers. Policies that stimulate demand,...

This paper evaluates the basic principles of the cumulative causation concept and why it is thus vital to our understanding of uneven regional development and its impact on economic geography. Moreover, this paper examines how it differs from different mechanisms that plan to interpret how...

This research investigates the Ethiopian economy's sectoral linkages. It examines the forward and backward production and total linkages of the industry with the agriculture and service sectors. The import penetration and export intensity of the agriculture-based industry and the manufacturing...

Until recently, Korea has pursued an export-led growth strategy in which manufacturing exports have played a leading role in the economic growth of the country. There is no question that this strategy has been successful, as Korea joined the ranks of the OECD in a comparatively short period of...