This paper builds on the work of Acemoglu et al. (2012) and considers a production network with unobserved common technological factor and establishes general conditions under which the network structure contributes to aggregate fluctuations. It introduces the notions of strongly and weakly...

Este artículo explora los efectos para el conjunto de la economía que pueden tener perturbaciones en sectores específi cos, así como su proceso de transmisión a través de las tablas input-output de la economía española, en comparación con otros países europeos. En primer lugar, se...

Este artículo analiza el efecto agregado de shocks sectoriales y su propagación a través de las cadenas globales de producción. En concreto, el foco se sitúa sobre un caso en el que un mismo shock afecta de manera simultánea a una misma industria situada en diversos países. Así, nuestro...

Summary of Banco de España Working Paper no. 2213

Purpose – The energy demand of growing population is on rise despite the fact that conventional energy reserves are limited and exhaustive in nature. To quench the ever-needing demand of energy, there is an urgent need to find out new energy options. In this regard, role of bioenergy...

Purpose – Against the background of alternative sources for feeding biogas plants, this paper aims to consider a utilization of landscaping waste as alternative to common crops. Design/methodology/approach – In consideration of survey data, a robust framework is proposed based on...

Purpose The aim of this paper is to review the current situation and existing problem, establish investment benefits evaluation indicator system and introduce synthetic approach degree containing Hamming approach degree, Euclid approach degree and gray correlation degree to improve the shortage...

The Asian International Input-Output (IO) Table that is compiled by Institute of Developing Economies-JETRO (IDE), was constructed in Isard type form. Thus, it required a lot of time to publish. In order to avoid this time-lag problem and establish a more simple compilation technique, this paper...

The gravity model, entropy model, potential type model and others like these have been adopted to formulate interregional trade coefficients under the framework of Multi-Regional I-O (MRIO) analysis. Since most of these models are based upon analogies in physics or on statistical principles,...

The transition process from a centrally planned economy to a market economy started in Poland at the beginning of the 1990s. In this paper we try to answer the question in which direction has the structure of Polish economy changed, if indeed it has. By means of the key sector analysis applied...