Linkages, key sectors and structural change: some new perspectives
Recent exchanges in the literature on the identification and role of key sectors in national and regional economies have highlighted the difficulties of consensus regarding terminology, appropriate measurement as well as economic interpretation. In this paper, some new perspectives are advanced which provide a more comprehensive view of an economy and offer the potential for uncovering alternative perspectives about the role of linkages and multipliers in input-output and expanded social accounting systems. The analysis draws on some pioneering work by Miyazawa in the identification of internal and external multiplier effects. The theoretical techniques are illustrated by reference to a set of input-output tables for the Brazilian economy. The paper thus provides a more comprehensive view than the ones proposed by Baer, Fonseca, and Guilhoto (1987), Hewings, Fonseca, Guilhoto, and Sonis (1989) and the recent contributions of Clements and Rossi (1991, 1992) that draw on some earlier work of Cella (1984).
|Date of creation:||1995|
|Date of revision:|
|Publication status:||Published in The Developing Economies 3.32(1995): pp. 233-270|
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- Guccione, Antonio, 1986. "The Input-Output Measurement of Interindustry Linkages: A Comment," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 48(4), pages 373-77, November.
- repec:fgv:epgrbe:v:41:n:1:a:3 is not listed on IDEAS
- Hewings, Geoffrey J.D. & Fonseca, Miguel A. & Guilhoto, Joaquim José Martins & Sonis, Michael, 1989.
"Key sectors and structural change in the Brazilian economy: a comparsion of alternative approaches and their policy implications,"
54761, University Library of Munich, Germany.
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- Sonis, Michael & Hewings, Geoffrey J.D., 1993. "Hierarchies of Regional Sub-Structures and Their Multipliers within Input-output Systems Miyazawa Revisited," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 34(1), pages 33-44, June.
- Clements, Benedict J., 1990. "On the decomposition and normalization of interindustry linkages," Economics Letters, Elsevier, vol. 33(4), pages 337-340, August.
- Simonovits, A, 1975. "A Note on the Underestimation and Overestimation of the Leontief Inverse," Econometrica, Econometric Society, vol. 43(3), pages 493-98, May.
- Guilhoto, Joaquim José M. & Fonseca, Manuel Alcino R. Da, 1987. "Uma análise dos efeitos econômicos de estratégias setoriais," Revista Brasileira de Economia, FGV/EPGE Escola Brasileira de Economia e Finanças, Getulio Vargas Foundation (Brazil), vol. 41(1), January.
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