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Typology of structural change in a regional economy: a temporal inverse analysis

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  • Yasuhide Okuyama
  • Michael Sonis
  • Geoffrey Hewings

Abstract

Earlier studies have investigated the hollowing-out phenomenon of the Chicago economy, in which the manufacturing sectors in Chicago have decreased their intermediate dependency within the region while the service sectors have increased their dependency. In this paper, a series of annual input-output tables for the Chicago metropolitan economy during the period of 1980-1997 was again employed for a further investigation of the structural change using an alternative tool, the temporal Leontief inverse analysis, that can assist in exploring trends and uncovering tendencies in individual sectors or groups of sectors within the context of an economy-wide system of accounts. The results are compared with the earlier studies for examining the nature and details of the hollowing-out phenomenon.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Economic Systems Research.

Volume (Year): 18 (2006)
Issue (Month): 2 ()
Pages: 133-153

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Handle: RePEc:taf:ecsysr:v:18:y:2006:i:2:p:133-153

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Related research

Keywords: Input-output table; time-series analysis; structural change; hollowing-out process;

References

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  1. Round, Jeffrey I, 1985. "Decomposing Multipliers for Economic Systems Involving Regional and World Trade," Economic Journal, Royal Economic Society, vol. 95(378), pages 383-99, June.
  2. Pyatt, F Graham & Round, Jeffery I, 1979. "Accounting and Fixed Price Multipliers in a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 89(356), pages 850-73, December.
  3. Defourny, Jacques & Thorbecke, Erik, 1984. "Structural Path Analysis and Multiplier Decomposition within a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 94(373), pages 111-36, March.
  4. Leontief, Wassily & Duchin, Faye, 1986. "The Future Impact of Automation on Workers," OUP Catalogue, Oxford University Press, number 9780195036237, Octomber.
  5. Harrigan, F J & McGilvray, J W & McNicoll, I H, 1980. "A Comparison of Regional and National Technical Structures," Economic Journal, Royal Economic Society, vol. 90(363), pages 795-810, December.
  6. Zaghini, Enrico, 1971. "Solow Prices and the Dual Stability Paradox in the Leontief Dynamic System," Econometrica, Econometric Society, vol. 39(3), pages 625-32, May.
  7. Jan Oosterhaven, 2000. "Lessons from the debate on Cole's model closure," Papers in Regional Science, Springer, vol. 79(2), pages 233-242.
  8. Sonis, Michael & Hewings, Geoffrey J.D., 1998. "Temporal Leontief Inverse," Macroeconomic Dynamics, Cambridge University Press, vol. 2(01), pages 89-114, March.
  9. repec:cup:macdyn:v:2:y:1998:i:1:p:89-114 is not listed on IDEAS
  10. Szyld, Daniel B, 1985. "Conditions for the Existence of a Balanced Growth Solution for the Leontief Dynamic Input-Output Model," Econometrica, Econometric Society, vol. 53(6), pages 1411-19, November.
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Cited by:
  1. Joshua Drucker, 2009. "Trends in Regional Industrial Concentration in the United States," Working Papers 09-06, Center for Economic Studies, U.S. Census Bureau.

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