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An analysis of economic growth using input–output tables

Author

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  • Marco Antonio Marquez Mendoza

    (Centro de Investigación y Docencia Económicas, A.C. (CIDE) División de Estudios sobre el Desarrollo)

Abstract

Two perspectives on the analysis of economic growth have developed within the input–output framework. On the one hand, Leontief proposed a dynamic model, where investment supplies the necessary capital stock needed to produce future output. On the other hand, Structural Decomposition Analysis assumes that changes in the output level are dependent on the behaviour of the technological and final demand components. This paper examines the differences between input–output tables of different periods to explain growth, as well as the contribution of the final demand components in the phenomenon. Further, the article provides examples based on the coefficient tables of five OECD economies, between 1995 and 2011, to illustrate the relevance of the method proposed here.

Suggested Citation

  • Marco Antonio Marquez Mendoza, 2023. "An analysis of economic growth using input–output tables," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 12(1), pages 1-22, December.
    • Handle: RePEc:spr:jecstr:v:12:y:2023:i:1:d:10.1186_s40008-023-00314-x
    DOI: 10.1186/s40008-023-00314-x
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    More about this item

    Keywords

    Microeconomic; Input–output tables and analysis; Multisector economic growth;
    All these keywords.

    JEL classification:

    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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