Advanced Search
MyIDEAS: Login to save this article or follow this journal

Identification of regional fundamental economic structure (FES) of Chilean economy: A field of influence approach

Contents:

Author Info

  • Thakur, Sudhir K.
  • Alvayay, Jaime R.
Registered author(s):

    Abstract

    This study contributes to the understanding of the regional structure of the Chilean economy utilizing the fundamental economic structure (FES) approach. The regional FES construct implies that selected characteristics of an economy will vary predictably with economic size, as measured by regional: domestic product, population, total value added, and total sector output. The overarching problem addressed in this research is if identifiable patterns of relations among regional macro aggregates and economic transactions can be revealed via regional input-output tables. Jensen, West and Hewings discuss the tiered, partitioned, and temporal approaches to the identification of FES using regional input–output table and spatial economic data. This research addresses the following four research questions: (1) Does a regional FES exist for the Chilean economy? (2) What proportions of the cells are predictable? (3) Can stability patterns in the intermediate transaction table be identified for Chilean regional economy? (4) Which economic transactions are most important across regional economies in Chile? Four regression models: linear-linear, linear-logarithmic, linear-inverse, and linear-logarithmic of inverse are run to identify the largest proportion of predictable FES cells for the Chilean regional economy. The regional input–output tables (1996) for the 13 regions compiled by the National Institute of Statistics of Chile provide data for the analysis. A FES analysis shows 75% cells are predictable, 34% are stable, and 25% are important for Chilean regional economies. Further, 7% of the total fundamental economic activities are predictable, stable and important simultaneously. These strong FES based economic activities consist of chemicals, rubber, petroleum, and plastics as well as public services among several other fundamental industries.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.sciencedirect.com/science/article/pii/S0954349X11000701
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Elsevier in its journal Structural Change and Economic Dynamics.

    Volume (Year): 23 (2012)
    Issue (Month): 1 ()
    Pages: 92-107

    as in new window
    Handle: RePEc:eee:streco:v:23:y:2012:i:1:p:92-107

    Contact details of provider:
    Web page: http://www.elsevier.com/locate/inca/525148

    Related research

    Keywords: Chilean economy; Regional fundamental economic structure (FES);

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. repec:sae:ecolab:v:16:y:2006:i:2:p:1-2 is not listed on IDEAS
    2. Hewings, Geoffry J. D. & Jensen, Rodney C. & West, Guy R. & Sonis, Michael & Jackson, Randall W., 1989. "The spatial organization of production: An input-output perspective," Socio-Economic Planning Sciences, Elsevier, vol. 23(1-2), pages 67-86.
    3. Geoffrey Hewings & Rodney Jensen, 1988. "Emerging challenges in regional input-output analysis," The Annals of Regional Science, Springer, vol. 22(1), pages 43-53, February.
    4. Raimundo Soto & Arístides Torche, 2004. "Spatial Inequality, Migration, and Economic Growth in Chile," Documentos de Trabajo 274, Instituto de Economia. Pontificia Universidad Católica de Chile..
    5. Syrquin, Moshe, 1988. "Patterns of structural change," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 7, pages 203-273 Elsevier.
    6. Sudhir K. THAKUR, 2011. "Fundamental Economic Structure And Structural Change In Regional Economies: A Methodological Approach," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 33, pages 9-38.
    7. Thakur, Sudhir K., 2008. "Identification of temporal fundamental economic structure (FES) of India: An input-output and cross-entropy analysis," Structural Change and Economic Dynamics, Elsevier, vol. 19(2), pages 132-151, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:eee:streco:v:23:y:2012:i:1:p:92-107. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.