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Regional input-output analysis: application on rural regions in Germany, the Czech Republic and Greece

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  • Semerak, Vilem
  • Zigic, Kresimir
  • Loizou, Efstratios
  • Golemanova-Kuhar, Antoaneta

Abstract

While agriculture definitely is a traditional and important sector of national economy, it is also a sector the importance of which is often underestimated. More correct and realistic description of its economic role should be based on input-output methods. Unfortunately regional level input-output tables are only rarely available. We therefore apply modified GRIT regionalization methodology on a remote rural NUTS 2 level region in three different countries (Germany, Greece, and the Czech Republic respectively) and demonstrate that this approach makes regional-level input-output analysis a viable tool in realistic evaluation of contribution of the agri-food production chain for local economies. We provide empirical results that enable us to describe the importance of regional role of agriculture (both individually and in combination with down-stream sectors) more realistically. Our research based on application of regional level input-output methods clearly demonstrates that the importance of agri-food production chain especially for remote regions remains very high – even for heavily industrialized countries - and its demise would lead to dramatic structural shocks.

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Bibliographic Info

Paper provided by European Association of Agricultural Economists in its series 118th Seminar, August 25-27, 2010, Ljubljana, Slovenia with number 94904.

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Date of creation: Aug 2010
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Handle: RePEc:ags:eaa118:94904

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Related research

Keywords: input-output analysis; regionalization; intersectoral linkages; GRIT; Community/Rural/Urban Development; C67; Q11;

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