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An Input-Output Approach to the Estimation of the Maximum Attainable Economic Dependency Ratio in four European Economies


  • Mariolis, Theodore
  • Soklis, George
  • Groza, Heleni


The purpose of this paper is to explore, in terms of input-output models, the proximate determinants of the maximum attainable Economic Dependency Ratio and to provide estimates of that ratio in four European economies (Finnish, German, Greek, Spanish). The evaluation of the results reveals certain central socio-technical features of the actual economies under consideration.

Suggested Citation

  • Mariolis, Theodore & Soklis, George & Groza, Heleni, 2010. "An Input-Output Approach to the Estimation of the Maximum Attainable Economic Dependency Ratio in four European Economies," MPRA Paper 22661, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:22661

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    References listed on IDEAS

    1. Chinn, Menzie D. & Prasad, Eswar S., 2003. "Medium-term determinants of current accounts in industrial and developing countries: an empirical exploration," Journal of International Economics, Elsevier, vol. 59(1), pages 47-76, January.
    2. Christian Bidard & Guido Erreygers, 1998. "Sraffa and Leontief on Joint Production," Review of Political Economy, Taylor & Francis Journals, vol. 10(4), pages 427-446.
    3. Zonghie Han & Bertram Schefold, 2006. "An empirical investigation of paradoxes: reswitching and reverse capital deepening in capital theory," Cambridge Journal of Economics, Oxford University Press, vol. 30(5), pages 737-765, September.
    4. Leontief, Wassily & Duchin, Faye, 1986. "The Future Impact of Automation on Workers," OUP Catalogue, Oxford University Press, number 9780195036237.
    5. Kurz,Heinz D. & Salvadori,Neri, 1997. "Theory of Production," Cambridge Books, Cambridge University Press, number 9780521588676, March.
    6. Wolfstetter, E, 1973. "Surplus Labour, Synchronised Labor Costs and Marx's Labour Theory of Value," Economic Journal, Royal Economic Society, vol. 83(331), pages 787-809, September.
    7. Erdilek, Asim & Schive, Chi, 1976. "Can Trade Be Harmful for a Growing Capitalist Economy?," Kyklos, Wiley Blackwell, vol. 29(2), pages 317-320.
    8. Kalmbach, Peter & Kurz, Heinz D., 1990. "Micro-electronics and employment: A dynamic input-output study of the West German economy," Structural Change and Economic Dynamics, Elsevier, vol. 1(2), pages 371-386, December.
    9. Clark, Robert L & Kreps, Juanita & Spengler, Joseph J, 1978. "Economics of Aging: A Survey," Journal of Economic Literature, American Economic Association, vol. 16(3), pages 919-962, September.
    10. Rigmar Osterkamp, 2003. "Demographic Dependency Ratios," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(3), pages 69-70, 02.
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    More about this item


    Austrian rate of surplus labour; net labour saving from trade; economic dependency ratio-consumptions-growth frontier;

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models

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