Analytical and Empirical Comparison of Policy-Relevant Key Sector Measures

Temursho, Umed; Oosterhaven, Jan

doi:10.1080/17421772.2014.930168

Cited by 54 publications

(48 citation statements)

References 31 publications

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“…The identification of key sectors in an economy has been one of the most important research topics in input–output analysis, for a long time (see Miller & Blair, ; Temurshoev & Oosterhaven, for a wide review). Since the seminal works of Rasmussen (), Chenery and Watanabe () and Hirschmann (), this strand of input–output literature has often focused on the number, strength and structure of intersector linkages (Los, ; Yotopoulos & Nugent, ).…”

Section: Propagation Of Shocks and Key Sectors In Input‐output Networmentioning

confidence: 99%

Key sectors in input–output production networks: An application to Brexit

2020

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This paper presents the first detailed and holistic description of the European production network (EPN) and provides different rankings of the most "systemically important" industries involved in Brexit. Employing techniques of complex networks analysis and input–output traditional tools, the study identifies those industries that are key in the complex structure of the UK‐EU trade relationships. The method developed would help policymakers to better understand which tariff would have a more distortive impact, which export sector should be pushed, which imports should be safeguarded. Such information may have foremost importance in the negotiations between the UK and EU. Our findings suggest that Brexit would be not just a problem for the UK, as it is often portrayed, but any form of Brexit could propagate affecting the global production system.

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Section: Propagation Of Shocks and Key Sectors In Input‐output Networmentioning

confidence: 99%

Key sectors in input–output production networks: An application to Brexit

2020

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“…Using the mentioned matrix the backward and forward linkages can be calculated. These measures are based on the input coefficients a ij , indicating the use of domestic intermediate outputs of industry i per unit of buying industry j output, and the output coefficients b ij , indicating the domestic intermediate sales to industry i per unit of selling industry j output (Temurshoev & Oosterhaven, 2014). The strengths of the backward as well forward linkages can be introduced as: -Backward linkage: (8) -Forward linkage:…”

Section: Methodsmentioning

confidence: 99%

Patterns of Structural Changes in Cee Economies in New Millennium

Fedajev

Nikolić

Rădulescu

et al. 2019

Technological and Economic Development of Economy

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In the era of intensive globalization and frequent economic shocks, boosting the GDP growth becomes the most difficult task and main preoccupation of policymakers. This is particularly true for Central Eastern European countries or so called CEE countries, which are trying to overcome contemporary and inherited imbalances at the same time. These economies were faced with another huge challenge after 2008. They have to maintain the same pace of structural reforms during the global economic crisis and to mitigate the negative effects of the crisis on economic growth. In that sense, the aim of this paper is to provide insight into a structural change in these economies in the period 2000–2014, using Leontief input-output analysis of the key sectors. The results pointed out that most of the key sectors during the period are service related sectors and that their number is increased after the crisis, while manufacturing of basic metals and electricity, gas, steam, and air conditioning supply have lost the status of the key sector.

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“…This research represents a unique and up-to-date study of the key-linkages between infrastructure services and other key economic sectors in the UK, building on previous work completed by Oosterhaven et al (2001Oosterhaven et al ( , 2014. This work estimates both forward and backward linkages and emphasizes the relevance of using the Ghosh model for estimating forward linkages.…”

Section: Key-linkages Analysismentioning

confidence: 99%

“…This method was originally developed by Strassert (1968) and empirically implemented by Schultz andSchumacher (1976), Schultz 1977). The normalized backward and forward linkage was then proposed by Temurshoev and Oosterhaven (2014) and overcame several of the previous limitations with the original HEM. The objective of the HEM is 6 Hazari's equations, Backward linkages:…”

Section: Hypothetical Extractionmentioning

confidence: 99%

Exploring Vulnerability and Interdependency of UK Infrastructure Using Key-Linkages Analysis

2015

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It has been argued the UK has experienced significant underinvestment in critical infrastructure over the last two decades. This in turn has resulted in infrastructure that is less capable of assisting the UK economy to grow. This article seeks to undertake an in-depth analysis of the inter-linkages and economic contributions from infrastructure within the UK. It explores the relationship between nine infrastructure sectors and how these sectors contribute to the rest of the UK economy using keylinkage analysis. Each infrastructure sector is shown to be unique in the way it interacts with other economic sectors and in the form of contribution it makes to the economy overall. Infrastructure is found to be a necessary and important part of economic development. The analysis finds that over the last 23 years there has been a decline in the relative economic contribution from infrastructure to UK GVA. Only two infrastructure sectors increased their relative contribution to GVA since 1992. These were the water transport sector and sewerage and sanitary services sector. Railway transport and gas distribution have had the largest relative decline in contribution towards UK GVA with relative contributions decreasing by over 50 % since 1992. The three most important infrastructure sectors contributing to UK GDP are land transport, electricity production and distribution and telecommunications respectively.

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Analytical and Empirical Comparison of Policy-Relevant Key Sector Measures

Cited by 54 publications

References 31 publications

Key sectors in input–output production networks: An application to Brexit

Key sectors in input–output production networks: An application to Brexit

Patterns of Structural Changes in Cee Economies in New Millennium

Exploring Vulnerability and Interdependency of UK Infrastructure Using Key-Linkages Analysis

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