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Identification of strategic industries: A dynamic perspective

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Author Info
Bart Los ()

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Abstract

Reliable estimates of the economy-wide losses associated with industry closings are generally hard to obtain. In the input-output literature, numerous measures of the social value of industries have been proposed. These measures are mostly based on comparative statics results, whereas the recent upsurge of growth theories suggests a dynamic perspective. In this article “hypothetical extraction” methods are used in a new dynamic input-output growth model. The model also stresses the importance of technological linkages between industries and of international trade performance. The potential power of the dynamic extraction methodology is illustrated by simulation results for a hypothetical economy. Copyright Springer-Verlag Berlin/Heidelberg 2004

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File URL: http://hdl.handle.net/10.1007/s10110-004-0221-3
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Publisher Info
Article provided by Springer in its journal Papers in Regional Science.

Volume (Year): 83 (2004)
Issue (Month): 4 (October)
Pages: 669-698
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Handle: RePEc:spr:ecogov:v:83:y:2004:i:4:p:669-698

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Related research
Keywords: Interindustry analysis; dynamic models; technological progress; growth;

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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.:
  1. Bart Los & Bart Verspagen, 2006. "The Evolution Of Productivity Gaps And Specialization Patterns," Metroeconomica, Blackwell Publishing, vol. 57(4), pages 464-493, November. [Downloadable!] (restricted)
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  2. ten Raa, Thijs & Wolff, Edward N., 2000. "Engines of growth in the US economy," Structural Change and Economic Dynamics, Elsevier, vol. 11(4), pages 473-489, December. [Downloadable!] (restricted)
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  3. Zvi Griliches, 1992. "The Search for R&D Spillovers," NBER Working Papers 3768, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  4. Dietzenbacher, Erik, 1992. "The measurement of interindustry linkages : Key sectors in the Netherlands," Economic Modelling, Elsevier, vol. 9(4), pages 419-437, October. [Downloadable!] (restricted)
  5. Jaffe, Adam B & Trajtenberg, Manuel & Henderson, Rebecca, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, MIT Press, vol. 108(3), pages 577-98, August. [Downloadable!] (restricted)
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  6. Keld Laursen & Valentina Meliciani, 2002. "The relative importance of international vis-ý-vis national technological spillovers for market share dynamics," Industrial and Corporate Change, Oxford University Press, vol. 11(4), pages 875-894, August.
  7. Robert Stehrer, 2001. "Industrial specialisation, trade, and labour market dynamics in a multisectoral model of technological progress," Computing in Economics and Finance 2001 230, Society for Computational Economics.
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  8. Jan Fagerberg, 1999. "The Economic Challenge for Europe: Adapting to Innovation-Based Growth," Working Papers 2, Centre for Technology, Innovation and Culture, University of Oslo.
  9. Bart Los, 2001. "Endogenous Growth and Structural Change in a Dynamic Input–Output Model," Economic Systems Research, Taylor and Francis Journals, vol. 13(1), pages 3-34, March. [Downloadable!] (restricted)
  10. Meller, Patricio & Marfan, Manuel, 1981. "Small and Large Industry: Employment Generation, Linkages, and Key Sectors," Economic Development and Cultural Change, University of Chicago Press, vol. 29(2), pages 263-74, January.
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