scholarly journals Multiplier effects by sector: an input-output analysis of the Greek economy

2020 ◽  
pp. 7-28
Author(s):  
Constantina Bakinezos ◽  
Stelios Panagiotou ◽  
Evangelia Vourvachaki ◽  
Keyword(s):  
Value Added ◽  
Input Output ◽  
Output Analysis ◽  
Sectoral Output ◽  
Greek Economy ◽  
Potential Impact ◽  
Multiplier Effects ◽  
Production Effects ◽  
Sectoral Linkages ◽  
Wide Potential

This study presents sectoral 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. Our analysis utilises the Leontief model, in both the “open” and “closed” variations with respect to households’ consumption, which allows to assess, at a disaggregated sectoral level, the direct and indirect production effects, as well as the induced consumption effects caused by exogenous changes in the final demand of each sector. The multipliers offer an up-to-date and systematic ranking of sectors according to their economy-wide potential impact owing to their technological features and inter-sectoral linkages.

scholarly journals An Input–Output Analysis of Sectoral Specialization and Trade Integration of the Western Balkans Economies

Economies ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 93
Author(s):  
Giovanni Mandras ◽  
Simone Salotti
Keyword(s):  
Value Added ◽  
Value Chains ◽  
Economic Potential ◽  
Trade Integration ◽  
Input Output ◽  
Western Balkans ◽  
Output Data ◽  
Output Analysis ◽  
Smart Specialisation ◽  
Potential Impact

The contribution of this paper is twofold. First, it uses the available official Input–Output data for the Western Balkans economies to estimate the output and value added multipliers of the sectors identified as being either current or emerging strengths within the context of Smart Specialisation. These multipliers indicate the potential impact of changes in final demand for certain products and sectors. This permits the identification of the industries associated with high indirect and induced effects, and to form ideas about the sectoral interdependencies of the economies. For instance, it appears that many sectors related to construction are promising in terms of economic potential related to demand-side monetary injections in Albania. Second, a Multi-Regional dataset is used to investigate the international integration of the Western Balkans economies in terms of participation in the Global Value Chains. The latter has increased over time in the region, but it appears that some economies are benefitting relatively more than others from it.

scholarly journals Analisis Input Output Sektor Pertanian di Indonesia

Agro Ekonomi ◽  
2013 ◽  
Vol 24 (1) ◽  
pp. 1
Author(s):  
Hani Perwitasari ◽  
Irham Irham ◽  
Jamhari Jamhari
Keyword(s):  
Agricultural Sector ◽  
Value Added ◽  
Input Output ◽  
Producer Price ◽  
Agriculture Sector ◽  
Gross Value Added ◽  
Multiplier Effect ◽  
Forward Linkage ◽  
Multiplier Effects ◽  
Employment Sectors

The purpose of this research are (1) to identify changes in the structure of Indonesia’s economi, (2) to identifty backward linkage and forward linkage between agriculture sector eith other sctors in economic structure of Indonesia, (3) to know the multiplier effect of output, income, employment and grows value added of agriculture sector. The research analyzed Input-Output data, the domestic transaction based on producer price, that in classified 66 sectors published by the Cnetral Statistics Agency (BPS) uidng Input-Output Analysis.These result indicate that ini 1975 until 2008 the structure of Indonesia’s economy has changed towards industrialization. Backward linkage and forward linkage between the agriculture sectora are under the average backward linkage and the forward linkage of economy all sector in Indonesia. Multiplier effect to output, income, employment in the agricultural sector are the average of output multiplier effect income, employment sectors of the economy throughout Indonesia but the gross value added in above-average gross value added multiplier effects throught the economy of Indonesia. 

The Economic Impact of Tourism in Israel: A Multi-Regional Input—Output Analysis

1997 ◽  
Vol 3 (4) ◽  
pp. 341-359 ◽  
Author(s):  
Daniel Freeman ◽  
Esther Sultan
Keyword(s):  
Spatial Distribution ◽  
Economic Impact ◽  
Value Added ◽  
The Other ◽  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis ◽  
Regional Impacts

Tourism has become one of the main export services in Israel in the last five years. The objective of this study was to estimate the comprehensive contribution of tourism to the economy of Israel and its spatial distribution. The study measured the impacts (multipliers) on three levels: direct, indirect and induced. A multi-regional input–output (MRIO) model was used in this research because of its capability to evaluate the impacts of inter-regional interdependencies simultaneously with those of sectoral ones. The results were expressed as multi-regional input–output multipliers. The authors conclude that the sum of the value-added from indirect output was 4% of GDP, and that from induced impacts was 7% of the GDP. There were differences in the impacts within and outside the regions. The analysis of multi-regional impacts through the use of MRIO enabled the authors to estimate simultaneously the magnitude of the impacts within the region, the related impacts in other regions, and the feedback impacts due to the other regions' demand.

The impact of clean energy investments on the Greek economy: An input–output analysis (2010–2020)

Energy Policy ◽  
2013 ◽  
Vol 57 ◽  
pp. 263-275 ◽  
Author(s):  
M. Markaki ◽  
A. Belegri-Roboli ◽  
P. Michaelides ◽  
S. Mirasgedis ◽  
D.P. Lalas
Keyword(s):  
Clean Energy ◽  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis ◽  
Greek Economy ◽  
The Impact

scholarly journals PERAN INDONESIA DALAM RANTAI NILAI GLOBAL PRODUK ELEKTRONIK

2018 ◽  
Vol 4 (1) ◽  
pp. 49-70
Author(s):  
Rizki Putri Nurdiati ◽  
Rina Oktaviani ◽  
Sahara Sahara
Keyword(s):  
Economic Growth ◽  
Value Chain ◽  
Value Added ◽  
Global Value Chain ◽  
Global Integration ◽  
Input Output ◽  
Electronic Industry ◽  
Output Analysis ◽  
Input Output Analysis ◽  
Manufacture Sector

Globalization has transformed the structure of industry into global integration of socalled global value chains (GVCs). Some literatures suggest that electronic industry is known as a successful industry in establishing global value chain. Electronic industry is one of leading cluster in driving economic growth in Indonesia. This study aimed to analyze the role of Indonesia in electronic global value chain according to its share towards global electronic industry, linkages, and value added distribution. An input output analysis by using the Asian International Input Output Table 2005 was employed to analyze the share of each country in electronic global value chain, inter-sector linkages, value added, also output and income multiplier. The result showed that Indonesia had low participation in electronic global value chain. Indonesia’s output share was the lowest among all countries which resulted in low valueadded acquisition. Indonesia played the role as the input user from the various sectors. It is suggested that Indonesia electronic manufacture sector should be integrated with the input supplier sectors. Electronic computing equipment sector can be the main priority in enhancing Indonesia electronic manufacture sector since it has the biggest effect to economic growth. Keywords: electronic, global value chain, Indonesia, input output analysis

scholarly journals AGRICULTURE’S IMPACT FOR THE ECONOMY: INTER-INDUSTRY LINKAGES AND MULTIPLIER EFFECTS

2018 ◽  
Author(s):  
Giedrė DZEMYDAITĖ
Keyword(s):  
Rural Areas ◽  
Well Being ◽  
Output Analysis ◽  
Agriculture Sector ◽  
Multiplier Effects ◽  
Direct And Indirect Impacts ◽  
Indirect Impacts ◽  
Sectoral Linkages ◽  
The Eu

The role of agriculture sector is understood as being vital for economic development and well being of rural areas. Common agriculture policies in the EU and production shocks in agriculture sector reflect in production changes that causes direct and indirect effects for other industries development in the region, as well as, households’ income. This paper aimed to evaluate agriculture sector’s direct and indirect impacts for the economy by analyzing sectoral linkages and multiplier effects. Input-output analysis techniques were applied. Both output and income multipliers were evaluated. This paper supports the idea that agriculture sectors were more multiplying the economy than other sectors on average. This sector remains important catalyst of the economy, especially while taking into account development challenges in rural areas.

Economic effects of the liquid biofuel industry in South Korea using input–output analysis

2019 ◽  
Vol 31 (3) ◽  
pp. 424-439
Author(s):  
Hyoung-Ju Seo ◽  
Ha-na Kim ◽  
Eui-Chan Jeon
Keyword(s):  
South Korea ◽  
Heavy Oil ◽  
Value Added ◽  
Oil Industry ◽  
Economic Effects ◽  
Fuel Oil ◽  
Input Output ◽  
Heavy Fuel Oil ◽  
Output Analysis ◽  
Input Output Analysis

Bio-energy is a research field that is of worldwide interest. South Korea, which imports all of its heavy fuel oil for consumption, passed a new law allowing bio-heavy oil made from animal fat, by-product of biodiesel processes, palm oil, and other leftover oil to be used to generate electricity in place of heavy fuel oil. As there is lack of policy research with respect to liquid biofuels, the purpose of this study is to define the bio-heavy oil industry in South Korea and to investigate the economic effects of bio-heavy oil. An input–output analysis model was used and demonstrated that the production-, value-added-, import-, and employment-induced effects of the bio-heavy oil industry were larger than those induced by the heavy fuel oil industry. As the import of fuel by the heavy fuel oil industry was greater than the bio-heavy oil industry, the import substitution effect of the bio-heavy oil industry was found to be greater. This resulted in a positive value for the net-induced effect of the bio-heavy oil industry. When considering the global concern with respect to the development and expansion of biofuel feedstock, this study shows the possibility of transforming heavy fuel oil plants distributed around the world into renewable energy sources.

scholarly journals Declining Protection for Vietnamese Agriculture under Trade Liberalization: Evidence from an Input–Output Analysis

Economies ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. 43
Author(s):  
Bao Ho Dinh ◽  
Hai Nguyen Phuc ◽  
Trinh Bui ◽  
Hau Nguyen
Keyword(s):  
Trade Liberalization ◽  
Agricultural Sector ◽  
Theoretical Perspective ◽  
Value Added ◽  
Effective Rate ◽  
Domestic Economy ◽  
Input Output ◽  
Value Added Tax ◽  
Output Analysis ◽  
Study Results

This study aims to assess the protection for Vietnamese agriculture under trade liberalization based on the input–output approach. From a theoretical perspective, the authors develop a general framework to estimate the effective rate of protection using an input–output table, taking into account tariffs, subsidies and value-added tax. Based on the data of 2012 and 2016, with a projection to 2020, the empirical results reveal that agricultural production, which is considered as Vietnam’s comparative advantage, is insignificantly protected. From the year 2012 to 2016, the effective rate of protection declined for primary agriculture and its supporting sectors, and would become negative by 2020. This implies that Vietnamese farmers are at a disadvantage due to the effect of trade liberalization. Furthermore, it is empirically revealed that the primary agricultural sector has a high value-added multiplier, which means a significant contribution to the domestic economy, is not protected by the government’s tax and tariff policies. Based on the study results, the authors suggest some policy recommendations to improve the situation, which are focused on the reduction of the value-added tax rate on inputs, while making industries with a high spillover effect to the domestic economy a key priority.

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