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Natural and anthropogenic disasters frequently affect both the supply and demand side of an economy. A striking recent example is the COVID-19 pandemic which has created severe industry-specific disruptions to economic output in most countries. Since firms are embedded in production networks,...
Persistent link: https://www.econbiz.de/10013250636
Economic shocks due to COVID-19 were exceptional in their severity, suddenness and heterogeneity across industries. To study the upstream and downstream propagation of these industry-specific demand and supply shocks, we build a dynamic input-output model inspired by previous work on the...
Persistent link: https://www.econbiz.de/10013246163
The exploration of the structural features and sectoral interdependences of and in an economy is fundamental for the understanding of its modes of functioning and of its transformations over time. Input-output analysis is largely used to fulfill this objective. Furthermore, information provided...
Persistent link: https://www.econbiz.de/10009739511
This research begins with the following questions: Is there consistency between the identification of development and the economic structure that is possessed?; are there similarities among economies identified with differences in their levels of development?; and, are there non-developed...
Persistent link: https://www.econbiz.de/10012023930
Using input–output data from Symmetric Input–Output Tables for the year 2010 and relevant price models, this paper provides empirical estimations of medium- and long-run effects of wage and currency devaluations on international price competitiveness and income distribution for two ‘PIIGS...
Persistent link: https://www.econbiz.de/10012033513
This paper uses input–output data from Supply and Use Tables for the year 2010 and provides empirical estimations of the static demand multipliers in a joint production framework for two representative Southern Eurozone economies, i.e., Greece and Spain, and for the Eurozone economy as a...
Persistent link: https://www.econbiz.de/10011883039
This study investigates the evolution of the import content of production and exports in Turkey for the 2002-2018 period. Based on 2002 and 2012 input-output tables and a large data set of production and foreign trade, we estimate the production and imported input use for 20 sectors, mainly from...
Persistent link: https://www.econbiz.de/10012429608
Rural areas in the European Union are currently undergoing significant economic and social changes, mostly induced by the international trade liberalization and the strengthening of the role of rural development policy. There is an increasing awareness of the need to accompany changes in rural...
Persistent link: https://www.econbiz.de/10010888119
Tourism is an increasingly popular global activity. Besides being the world’s largest export earner, it contributes significantly to the Gross Domestic Product (GDP) and employment of an economy. Its strong linkage with other sectors of the economy enhances its overall impact. In India too,...
Persistent link: https://www.econbiz.de/10010930561
The evolution of the rate of profit reflects both changes in income distribution and technical conditions of production. The purpose of this paper is to present estimates of the rate of profit for the Greek economy using input-output data spanning the period 1988-1997 and, at the same time, to...
Persistent link: https://www.econbiz.de/10009402065