首页期刊导航|Economic systems research: Journal of the International Input-Output Association
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Economic systems research: Journal of the International Input-Output Association
Routledge Taylor & Francis Group
Routledge Taylor & Francis Group
季刊
0953-5314
Economic systems research: Journal of the International Input-Output Association/Journal Economic systems research: Journal of the International Input-Output Association
Pedauga, Luis EnriqueVelazquez, AgustinHernandez-Perdomo, Elvis
479-515页
查看更多>>摘要：We provide a general framework to assess the traceability of systemic risk and macro interconnectedness to understand the financial risk transmissions channels. Our contribution help address the information need established in the DGI-2 in a FSAM-based model that fully captures the interconnectedness between real and financial sectors. Recent developments in the field of IO and SAM evaluations have led to a renewed interest in the usage of linkage analysis to measure the role that a sector play within the economy. Focusing on the backward and forward linkage, hypothetical extraction method, and structural path analysis, we show how feasible it is to include heterogeneous financial institutions to study risk interactions effects on macroeconomic outcomes. This paper's proposal may be useful for thinking about how micro-data and macro-aggregates can be incorporated into the set of financial soundness indicators, allowing to obtain an idea of the vulnerabilities of the financial sector.
Manrique-de-Lara-Penate, Casiano A.Deniz-Mayor, Jose J.
516-540页
查看更多>>摘要：National accounting matrices (NAM) perfectly describe the economic structure of a national economy, summarising the whole process of generation of primary income and its distribution among the different institutional sectors of the economy. It is not just a way to represent the main economic statistics of an economy but it also serves as the basis for most macroeconomic modelling efforts. The business accounting matrix (BAM) presents the most relevant information for the firm in a similar way, adapted to the descriptive potential of financial accounting, what we believe can be useful both for economic modellers and for decision makers at the firm level. Our intention is not to convince business administrators to change their accounting paradigm but to help analysts and researchers to obtain a comprehensive description of the activity of a firm aligned to well recognised economic statistical standards.
查看更多>>摘要：Recent tendencies in the operation of Global Value Chains (GVC) have indicated an increasingly asymmetric distribution of benefits in terms of the participating countries and different layers of workers. This paper employs the World Input-Output Database to calculate the working hours and wages embodied in manufacturing exports between the US and Mexico, by country of origin and skill level, from 1995 to 2008. In purchasing power, the increase in total wages paid in the US, generated by the bilateral trade, was significantly higher than that of wages paid in Mexico, even though the additional number of hours worked in Mexico was seven times higher. For the US, the results ratify the loss of jobs after 2001, but with an upgrade of the skill structure. We conclude that the trend towards replacement of low-skilled labour by more capital-intensive systems occurs within GVC to the detriment of the incomes of low-skilled workers.
查看更多>>摘要：We construct new interregional input-output tables for China, which can be used to analyze changes in the interindustry linkages within and between eight Chinese regions, and their consequences. We claim that analyses based on these tables yield more accurate results than analyses using existing interregional input-output tables for China, because our tables explicitly account for a typical feature of the Chinse economy: the importance of processing exports activities. These activities rely heavily on imported inputs and much less on inputs sourced from domestic regions. Accounting for such differences between processing exports and other production activities reduces aggregation biases. We illustrate the usefulness of the tables by computing supply chain fragmentation indices for China and quantifying the biases that are avoided by using our input-output tables instead of conventional ones. We make our tables (for 2002, 2007 and 2012) publicly available.
查看更多>>摘要：The eradication of poverty as proposed by the first Sustainable Development Goal is one of the main challenges faced by all countries, especially the underdeveloped and developing nations. In this paper, we develop an approach for integrating the input-output framework with a microsimulation model where consumption and income data are highly disaggregated and along with Miyazawa linkages. This allows us to identify how sectoral economic structure affects income distribution. This, in turn, provides information relevant to the inclusive growth policies that can create work opportunities for the low-income population and, thereby eliminating poverty. Results show how labor-intensive sectors might be important in ending poverty and in reducing inequality. They even show the set of activities that could best contribute to this goal via changes in the productive structure.
查看更多>>摘要：According to the disguised-unemployment hypothesis, significant wage differences between sectors in less-developed countries result from segmented labour markets and overcrowding of the flexible market segment. So stated, this hypothesis implies a way to measure non-open unemployment: by the amount of labour that must be withdrawn from the market for relative wages to change. Indeed, it is possible to undertake the exercise of comparing the actual employment of a country with a simulated 'non-dualistic' employment by means of a non-linear input-output model and taking the US wage structure as a benchmark. This simulation experiment was carried out for seven middle-income countries (Brazil, China, Indonesia, India, Russia, Mexico, and Turkey) using data from the 2016 Release of the World Input-Output Database. The results of the study are consistent with the disguised-unemployment hypothesis, as well as with related literature.
查看更多>>摘要：Agrarian growth is becoming increasingly important to many countries as the global demand for food rises, natural resources become scarcer, and environmental problems deepen. Herein, I propose a mechanism for designing agricultural growth management strategies that is based on fuzzy cognitive logic. The research presented is built on three main findings. First, it integrates established theories of economic growth, economic cyclicality, and sectoral market theories into a model of agricultural growth management. This enables the identification of main growth factors and the determination of the nature of their effects on agricultural dynamics. Second, I develop an algorithm for cognitive analysis of agricultural growth management and justify both this mathematical apparatus and the tools it uses. And third, I conduct a computational experiment that applies cognitive technologies to generate what I believe is the best agricultural economic growth strategy for Russia.
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