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Indicators of the Structural Change in a Transition Economy

Author

Listed:
  • Timotej Jagric

    (Faculty of Economics and Business, University of MAribor, Slovenia)

  • Sebastjan Strasek

    (Faculty of Economics and Business, University of MAribor, Slovenia)

Abstract

Using a series of input-output tables authors study the structural changes in the Slovenian economy over the transition period. However, unlike other studies that rely exclusively on traditional quantitative analysis, this study employs an extended version of qualitative input-output analysis. The results show that the economy underwent some major changes and that there might be a connection between business cycles and economic structure. The results also support our hypothesis that the main aggregate economic indicators are not sufficient for the analysis of structural changes, especially, if the output performance of the economy is growing.

Suggested Citation

  • Timotej Jagric & Sebastjan Strasek, 2005. "Indicators of the Structural Change in a Transition Economy," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 8(1), pages 55-78, May.
  • Handle: RePEc:zag:zirebs:v:8:y:2005:i:1:p:55-78
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    References listed on IDEAS

    as
    1. Reinhart, Carmen & Leiderman, Leonardo, 1994. "Capital inflows to Latin America," MPRA Paper 13406, University Library of Munich, Germany.
    2. Carmen M. Reinhart & R. Todd Smith, 1996. "Too much of a good thing: the macroeconomic effects of taxing capital inflows," Proceedings, Federal Reserve Bank of San Francisco, pages 436-464.
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    More about this item

    Keywords

    structural change; key sector analysis; interindustry linkages; input-output analysis; minimal flow analysis;

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models

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