The two main alternative methods used to identify key sectors within the input- output approach, the Classical Multiplier method (CMM) and the Hypothetical Extraction method (HEM), are formally and empirically compared in this paper. Our findings indicate that the main distinction between the...

In general terms key sectors analysis aims at identifying the role, or impact, that the existence of a productive sector has in the economy. Quite a few measures, indicators and methodologies of varied complexity have been proposed in the literature, from multiplier sums to extraction methods,...

Multiplier analysis based upon the information contained in Leontief's inverse is undoubtedly part of the core of the input-output methodology and numerous applications an extensions have been developed that exploit its informational content. Nonetheless there are some implicit theoretical...

Multiplier analysis based upon the information contained in Leontief's inverse is undoubtedly part of the core of the input-output methodology and numerous applications an extensions have been developed that exploit its informational content. Nonetheless there are some implicit theoretical...

The Agricultural sector has played a significant role in the Thai economy. It has been an engine of Thai industrial growth in the past. Its various kinds of good-quality agricultural produce and its strong comparative advantage are globally well-known. However, Thai agriculture has been...

Thailand’s economic development has been quite successful in terms of achieving high growth rate and reasonable per capita income. The country’s economic performance in terms of the transformation of production and exports are tending toward the normal pattern of increasing share of...

Using firm level data on Italian and Turkish manufacturing industries we investigate the differences in survival patterns of foreign owned and domestic firms testing the hypothesis of foreign multinational enterprises (FMNEs) ?foot-loose? behavior (in line with seminal studies such as Görg and...

In the context of falls in extractive commodities prices since 2011, this paper examines the history of thinking about the interplay between extractives and economic development. Just as 'the resource curse' fails as a generic explanation on account of the huge diversity in country contexts, so...

The impact of the Japan-Philippine Economic Agreement(JPEPA) can be enriched by providing a regional dimension in its macro-analysis. Cebu-Japan cooperation largely hinges on Cebu's economic competitiveness which manifests itself through its quality human resources, its dynamic export sector and...

The Kuwaiti economy is characterized by two major structural imbalances-heavy dependence on oil production and dominance of the public ownership. Kuwait has struggled over the years to implement a two-pronged development strategy - diversifying the country's economic base away from the oil...