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Sources of structural change: an input-output decomposition analysis for Greece

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  • George Korres

Abstract

Technical change greatly contributes to the explanation of economic structural changes. The aim of this paper is to measure the extension and the direction of structural and technological change. The impact of structural and technological changes on sectoral gross output was computed by breaking down the total change into the part due to changes in input-output coefficients (technological change) and the part due to changes and composition of final demand. The decomposition of structural change is based on the following questions. What were the engines of growth? What was the role and impact of technological change and which economies experienced the most and least structural change?

Suggested Citation

  • George Korres, 1996. "Sources of structural change: an input-output decomposition analysis for Greece," Applied Economics Letters, Taylor & Francis Journals, vol. 3(11), pages 707-710.
    • Handle: RePEc:taf:apeclt:v:3:y:1996:i:11:p:707-710
    DOI: 10.1080/135048596355709
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    Cited by:

    1. Serdar Sayan & Nazmi Demir, 1998. "Measuring the degree of block interdependence between agricultural and non-agricultural sectors in Turkey," Applied Economics Letters, Taylor & Francis Journals, vol. 5(5), pages 329-332.
    2. Rohman, Ibrahim Kholilul & Bohlin, Erik, 2014. "Decomposition analysis of the telecommunications sector in Indonesia: What does the cellular era shed light on?," Telecommunications Policy, Elsevier, vol. 38(3), pages 248-263.
    3. Aying Liu & David Saal, 2001. "Structural Change in Apartheid-era South Africa: 1975-93," Economic Systems Research, Taylor & Francis Journals, vol. 13(3), pages 235-257.
    4. Maria Savona & André Lorentz, 2005. "Demand and Technology Determinants of Structural Change and Tertiarisation: An Input-Output Structural Decomposition Analysis for four OECD Countries," LEM Papers Series 2005/25, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    5. Hu, Baiding & McAleer, Michael, 2004. "Input–output structure and growth in China," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 64(1), pages 193-202.
    6. Nicholas Apergis & Alexandros Panethimitakis, 2011. "Stylised facts of Greek business cycles: new evidence from aggregate and across regimes data," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 3(2), pages 147-165.
    7. Fidel Aroche Reyes, 2014. "The Greek Economic Structure in the 2000's: A Road to Crisis?," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 12(1), pages 35-64.
    8. Aying Liu, 1998. "Sources of Structural Change and Output Growth of China's Economy: 1987-92," Economic Change and Restructuring, Springer, vol. 31(2), pages 95-116, May.

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