Multilateral Comparison of Cost Structures in the Input–Output Tables of Japan, the US and West Germany

1995 ◽  
Vol 7 (3) ◽  
pp. 321-342 ◽  
Author(s):  
Kiyoshi Fujikawa ◽  
Hiroshi Izumi ◽  
Carlo Milana
1983 ◽  
Vol 106 ◽  
pp. 26-38

The recovery in the OECD area gathered pace in the second quarter, when its total GDP probably increased by as much as 1 per cent. The rise was, however, heavily concentrated in North America and particularly the US. There may well have been a slight fall in Western Europe, where the level of industrial production hardly changed and increases in gross product in West Germany and, to a minor extent, in France were outweighed by falls in Italy and (according to the expenditure measure) the UK.


1991 ◽  
Vol 23 (12) ◽  
pp. 1811-1817 ◽  
Author(s):  
S Deman

A comment by Miller was published in the August 1989 issue of Environment and Planning A, which makes an intriguing comparison of a paper by Chen and Rose with one by myself. His comment concerns the uses of various terminologies in the literature on supply-driven and demand-driven input—output models and the claims to have defined terms such as ‘stability’, ‘joint stability’, and ‘consistency’. Further, generalizations are made on the basis of a specific set of aggregated data for the US economy to show that biproportional changes suggested in my theorem are unlikely to be observed in the real world. I will show that Miller adds no illumination to the issues of ‘stability’ or ‘consistency’, and that, in fact, his comment accomplishes nothing of import. His comment could also leave us with the impression that the USA is the only ‘real-world’ example worthy of comment.


1984 ◽  
Vol 109 ◽  
pp. 21-32

The growth of US GNP, which in the first quarter was responsible for the greater part of an increase of the order of 1½ per cent in the output of the whole OECD area, slowed down somewhat in the second quarter but it was still exceptionally fast. With the help mainly of sustained growth in Japan it probably kept total OECD output growing, despite the depressing effects of major strikes in West Germany and the UK. The deceleration in the US mainly reflected a reduction in stockbuilding, which in the first quarter had made the biggest contribution to the growth of demand both there and in West Germany and France.


2016 ◽  
Vol 20 (1) ◽  
pp. 47-73
Author(s):  
Hsing-Chun Lin ◽  
Shih-Hsun Hsu ◽  
Ruey-Wan Liou ◽  
Ching-Cheng Chang

Purpose – The purpose of this paper is to extricate value-added exports in information and communications technology (ICT) industry earned by Taiwan and Korea. Additionally, the authors decompose Taiwan and Korea’s gross exports into various meaningful components. Design/methodology/approach – The authors use the inter-country input-output (ICIO) table which endows with cost structures of industries as well as trade information, facilitating in keeping track of the flow of products and value-added. The ICIO table used in this paper comes from the World Input-Output Database. The authors also use the way Wang et al. (2013) decomposed the intermediate goods exports into various components to provide further insights. Findings – The empirical results indicate that Taiwan and Korea’s ICT export to the world shrink by 47.8 and 40.9 percent when the trades are measured in value-added terms. Taiwan and Korea’s ICT export will also decrease by 75.1 and 57.8 percent. From the viewpoint of value added in trade, the share of value added embodied in Taiwan and Korea’s gross ICT exports continued to decrease and reached 24.9 and 42.2 percent in 2011, while the components of pure double counted terms kept growing in recent years. Originality/value – With global value chains flourishing in recent years, conventional trade statistics not only fails to highlight the vertical specialization among different countries, but also distorts the measurement of a country’s competitiveness. This paper extricates value-added exports in ICT industry earned by Taiwan and Korea and bring into focus the importance of trade in value added.


2014 ◽  
Vol 16 (4) ◽  
pp. 339-372
Author(s):  
Ibrahim Ibrahim ◽  
Tri Winarno ◽  
Melva Viva Grace ◽  
Yan Fitri

Global financial crisis which began in the US in the latter part of 2008 hit a lot of countries in both trade and finance. In trade aspect, the crisis spread widely; in Indonesia, the total export value in 2009 dropped to 14,3%. Therefore, the economy of China, tightly linked with Asian countries including Indonesia, which rapidly rose before the crisis but slowed after it should be monitored as this condition, could indirectly hold down Indonesia’s GDP. Applying RAS method to update Asian IO data, this research has attempted to describe the trade structure of Asian countries in 2010. Also, it implemented a simulation of the impact of US and China’s GDP decline and US exports on Indonesia’s GDP, both at aggregate and sector levels. The result of the mapping shows that Indonesia is getting more dependent on China. Generally, the link between Indonesia’s exported products and global production chain is weak. Indonesia’s export commodities which are mostly of intermediate goods have low contribution towards value added. Moreover, the result of the simulation shows that 1% decrease in China’s GDP has greater impact on Indonesia’s GDP (0,14%) than that of the US (0,05%) and EU (0,07%) though with similar point.  Keyword: Trade Interactions, Input Output Model JEL Classification : F16, R15


Economies ◽  
2021 ◽  
Vol 10 (1) ◽  
pp. 2
Author(s):  
Nikolaos Rodousakis ◽  
George Soklis

This article explores the multiplier effects on domestic product, employment, and the external sector of the US economy due to the decline of tourism activities during the pandemic. For this purpose, we use an input-output model and the latest available input-output data from the Organisation for Economic Co-operation and Development (OECD’s) database. It was found that for every USD million decrease in tourism receipts, the net output decreases about USD 1.53 million, the level of employment decreases about 16.86 persons, imports decrease about USD 0.20 million, while the comparative analysis of these results with the economy’s average multipliers indicates that tourism constitutes a key sector of the US economy. From the evaluation of the results, it is deduced that the decline of tourism activities recorded in the year 2020 accounts for about one-fourth of the observed recession in the US economy.


Author(s):  
Benjamin Tromly

Chapter 2 examines Russian exile politics of the late 1940s, when anti-communist organizations emerged in the displaced-person camps of West Germany. The early efforts of White exiles to forge a right-wing movement went awry. The younger Vlasovites, Soviet subjects until the recent war, resisted pressure to take up the cause of historic Russia. A postwar Vlasov movement emerged but became mired in the murky espionage world of divided Germany. The exiles found backers in the Gehlen Organization, an intelligence outfit assembled from Hitler’s defunct military intelligence unit Fremde Heere Ost (Foreign Armies East) which received funding from the US army after the war. However, the intermixing of anti-communist politics and espionage threw the Vlasov movement into chaos. The Gehlen Organization funded clashing exile clans, while Soviet intelligence stepped up efforts to paralyze the anti-communist circles through penetration agents and harassment—all of which virtually paralyzed the exiles’ nascent anti-communist agendas.


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