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The Missing Link in Key Sectors Analysis

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Author Info
Alejandro Cardenete ()
Ferran Sancho ()

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Abstract

In general terms key sectors analysis aims at identifying the role, or impact, that the existence of a productive sector has in the economy. Quite a few measures, indicators and methodologies of varied complexity have been proposed in the literature, from multiplier sums to extraction methods, but not without debate about their properties and their information content. All of them, to our knowledge, focus exclusively on the interdependence effects that result from the input-output structure of the economy. By so doing the simple input-output approach misses critical links beyond the interindustry ones. A productive sector’s role is that of producing but also that of generating and distributing income among primary factors as a result of production. Thus when measuring a sector’s role, the income generating process cannot and should not be omitted if we want to better elucidate the sector’ economic role. A simple way to make the missing income link explicit is to use the SAM (Soci

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Publisher Info
Paper provided by Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) in its series UFAE and IAE Working Papers with number 631.04.

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Length: 11
Date of creation: 15 Nov 2004
Date of revision:
Handle: RePEc:aub:autbar:631.04

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Related research
Keywords: Key sectors; extraction methods;

Find related papers by JEL classification:
C67 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Input-Output Models
D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis

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  1. Dietzenbacher, Erik & van der Linden, Jan A & Steenge, Albert E, 1993. "The Regional Extraction Method: EC Input-Output Comparisons," Economic Systems Research, Taylor and Francis Journals, vol. 5(2), pages 185-206.
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This page was last updated on 2009-11-14.


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