An Investigation of Industry Associations, Association Loops and Economic Complexity: Application to Canada and the United States
AbstractVarious methods were proposed to understand the linkages in an input-output system; however, many have focused only on the identification of key sectors in the economy. An alternative approach, identifying analytically the importance of elements and combinations of elements was proposed as a field of influence theory (Sonis et al. , 1996). The purpose of this paper is to offer a complementary approach to the field of influence and the so-called 'Matrioshka principal' (Sonis & Hewings, 1990); the objectives are to identify simple row-column associations (i.e. statistical dependence), seek hierarchical associations between supply and demand in input-output systems and the decomposition of economic complexity into finite stages. For the identification of simple dependencies between rows and columns, we use a log-linear regression and for hierarchical associations and the identification of complexity stages, we use the data analysis technique known as dual scaling. Results of both approaches will be applied to input-output tables of the US and Canada.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Economic Systems Research.
Volume (Year): 14 (2002)
Issue (Month): 3 ()
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Other versions of this item:
- Chokri Dridi & Geoffrey J.D. Hewings, 2002. "An Investigation of Industry Associations, Association Loops, and Economic Complexity: Application to Canada and the United States," Urban/Regional 0210001, EconWPA, revised 23 Feb 2005.
- C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
- C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
- C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
- O51 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
- R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
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