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- Title
An analysis of economic growth using input–output tables.
- Authors
Mendoza, Marco Antonio Marquez
- Abstract
Two perspectives on the analysis of economic growth have developed within the input–output framework. On the one hand, Leontief proposed a dynamic model, where investment supplies the necessary capital stock needed to produce future output. On the other hand, Structural Decomposition Analysis assumes that changes in the output level are dependent on the behaviour of the technological and final demand components. This paper examines the differences between input–output tables of different periods to explain growth, as well as the contribution of the final demand components in the phenomenon. Further, the article provides examples based on the coefficient tables of five OECD economies, between 1995 and 2011, to illustrate the relevance of the method proposed here.
- Subjects
ECONOMIC expansion; CAPITAL stock; DYNAMIC models; INPUT-output analysis; WHOLESALE price indexes
- Publication
Journal of Economic Structures, 2023, Vol 12, Issue 1, p1
- ISSN
2193-2409
- Publication type
Article
- DOI
10.1186/s40008-023-00314-x