The energy balance due to embodied energy use may be significant for trade dependent economies. In this paper, authors estimate the balance of embodied energy in India's international trade at aggregate and sector levels. Over time, the composite energy sector (including primary and secondary...

Considering households in inter-industry models is an important issue for building a realistic macroeconomic model. This is why we examine three attempts to close the Leontief input-output model, the classical approach (Type I and Type II multipliers), ten Raa model, and Klein model. Then we...

This paper highlights the increasing significance of energy in the Indian economy. The analysis is based on changing dynamics of the supply-and-use relationships among various sectors of the economy. It is observed that energy is an increasingly important input to Indian manufacturing. Since...

It is hard to think about the contributions of Michael Sonis to Input-Output Analysis without taking into consideration his joint work with Geoffrey Hewings. Both are linked together into a type n, n → ∞, multiplier of theory and knowledge. This paper makes a brief presentation of the...

This study presents the output, gross value added and employment multipliers for the Greek economy based on the most recent Input-Output tables of 2015, which were compiled according to the European System of Accounts (ESA) 2010. The analysis utilises the Leontief model, in both the “open”...

The objective of this paper is to identify Australia's high employment generating industries. It attempts to do this by using the 1996-97 input-output table. The direct and indirect contribution of the tradeable industries to employment are quantified by adopting the 'loss of the industry' or...

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...

We assess the sectoral impact of the implementation of a "green" employer of last resort (ELR) program in the US, based on an environmental modification of an extended Kurz's (1985) multiplier framework and data from OECD Input-Output tables. We use these multipliers to estimate the impact of an...

Input-output analysis has been widely used in different scenarios, because it is easy to implement and interpret. Nevertheless, it is important to note that the build of input-output coefficients should be done with caution, especially in case exists secondary production in sectors, since this...

The economic downturn has strongly impacted the Spanish labour market, resulting in the shedding of labour with significant differences across regions. Among them, the region of Andalusia is one of the most striking cases. Since the beginning of the crisis, the regional economy exhibited more...