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Estimating Growth Contributions by Structural Decomposition of Input-Output Tables

Author

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  • Krisztián Koppány

    (Széchenyi István University, Kautz Gyula Faculty of Economics, Economic Modelling Research Team, Győr, Hungary)

Abstract

This paper presents a case-study to demonstrate the calculation methods of growth contributions using structural decompositions of input-output tables and their Hungarian applications. Although the required data are available with a considerable time-lag, results show that taking backward linkages through demand for inputs and value chain multipliers into account can significantly alter the picture on the growth effects of industries and final demand categories by the conventional approach based on quarterly GDP calculations. This can be instructive for analysts and policy- and decision-makers not only in Hungary, but also in other countries. The study was performed by using public macroeconomic and sectoral data obtained from the Hungarian Central Statistical Office.

Suggested Citation

  • Krisztián Koppány, 2017. "Estimating Growth Contributions by Structural Decomposition of Input-Output Tables," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 67(4), pages 605-642, December.
    • Handle: RePEc:aka:aoecon:v:67:y:2017:i:4:p:605-642
    Note: This research was supported by the János Bolyai Research Scholarship of the Hungarian Academy of Sciences and the PADS Foundation. I thank Mária Forgon (Hungarian Central Statistical Office) and Tamás Révész (European Commission Joint Research Centre, Sevilla and Corvinus University Budapest) for the helpful consultations and valuable comments. Suggestions by the referees of this journal are also gratefully acknowledged. Nevertheless, the responsibility for any errors is exclusively mine. This paper is a revised and expanded version of my presentation held at the Conference of European Statitistics Stakeholders, Budapest, October 20–21, 2016 and a study (Koppány 2016).
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    Citations

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    Cited by:

    1. Pasquale Lucio Scandizzo, 2021. "Impact and cost–benefit analysis: a unifying approach," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 10(1), pages 1-13, December.

    More about this item

    Keywords

    economic growth; Input-Output model; Structural Decomposition Analysis (SDA);
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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