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Identification of strategic industries: A dynamic perspective

  • Bart Los

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Reliable estimates of the economy-wide losses associated with industry closings are generally hard to obtain. In the input-output literature, numerous measures of the social value of industries have been proposed. These measures are mostly based on comparative statics results, whereas the recent upsurge of growth theories suggests a dynamic perspective. In this article “hypothetical extraction” methods are used in a new dynamic input-output growth model. The model also stresses the importance of technological linkages between industries and of international trade performance. The potential power of the dynamic extraction methodology is illustrated by simulation results for a hypothetical economy. Copyright Springer-Verlag Berlin/Heidelberg 2004

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Article provided by Springer in its journal Papers in Regional Science.

Volume (Year): 83 (2004)
Issue (Month): 4 (October)
Pages: 669-698

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Handle: RePEc:spr:presci:v:83:y:2004:i:4:p:669-698
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  1. Los, Bart & Verspagen, Bart, 2002. "The evolution of productivity gaps and specialization patterns," CCSO Working Papers 200301, University of Groningen, CCSO Centre for Economic Research.
  2. Robert Stehrer, 2001. "Industrial specialisation, trade, and labour market dynamics in a multisectoral model of technological progress," Computing in Economics and Finance 2001 230, Society for Computational Economics.
  3. Griliches, Zvi, 1992. " The Search for R&D Spillovers," Scandinavian Journal of Economics, Wiley Blackwell, vol. 94(0), pages S29-47, Supplemen.
  4. Dietzenbacher, Erik, 1992. "The measurement of interindustry linkages : Key sectors in the Netherlands," Economic Modelling, Elsevier, vol. 9(4), pages 419-437, October.
  5. Soete, Luc & Verspagen, Bart & Weel, Bas ter, 2009. "Systems of Innovation," MERIT Working Papers 062, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  6. Jan Fagerberg, 1999. "The Economic Challenge for Europe: Adapting to Innovation-Based Growth," Working Papers 2, Centre for Technology, Innovation and Culture, University of Oslo.
  7. Adam B. Jaffe & Manuel Trajtenberg & Rebecca Henderson, 1992. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," NBER Working Papers 3993, National Bureau of Economic Research, Inc.
  8. Keld Laursen & Valentina Meliciani, 2002. "The relative importance of international vis-ý-vis national technological spillovers for market share dynamics," Industrial and Corporate Change, Oxford University Press, vol. 11(4), pages 875-894, August.
  9. Bart Los, 2001. "Endogenous Growth and Structural Change in a Dynamic Input-Output Model," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 3-34.
  10. ten Raa, Thijs & Wolff, Edward N., 2000. "Engines of growth in the US economy," Structural Change and Economic Dynamics, Elsevier, vol. 11(4), pages 473-489, December.
  11. Bart Los & Bart Verspagen, 2006. "The Evolution Of Productivity Gaps And Specialization Patterns," Metroeconomica, Wiley Blackwell, vol. 57(4), pages 464-493, November.
  12. Meller, Patricio & Marfan, Manuel, 1981. "Small and Large Industry: Employment Generation, Linkages, and Key Sectors," Economic Development and Cultural Change, University of Chicago Press, vol. 29(2), pages 263-74, January.
  13. Ten Raa, T. & Wolff, E.N., 2000. "Engines of growth in the U.S. economy," Other publications TiSEM bbdf4b5a-8cca-4d51-8a1f-f, Tilburg University, School of Economics and Management.
  14. Bart Los & Bart Verspagen, 2000. "R&D spillovers and productivity: Evidence from U.S. manufacturing microdata," Empirical Economics, Springer, vol. 25(1), pages 127-148.
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