Identification of Strategic Industries: A Dynamic Perspective
Every once in a while, national governments face difficult decision problems regarding financial support of important domestic firms or even entire national national industries. Similar problems are often faced by regional or urban governments. Given these problems, it is important to get indications of the societal value of industries. In principle, input-output tables provide a lot of information in revealing the linkages between industries. On the basis of these tables, various measures of the value of industries have been derived. One of these measures is found by applying the 'hypothetical extraction method', originally proposed by Strassert (Jahrb.Nat.Stat., 1968) and refined and applied by, among others, Milana (MetrEc., 1985), Groenewold, Hagger & Madden (Reg.Stud., 1987) and Dietzenbacher & Van der Linden (J.Reg.Sci., 1997). This approach has two major drawbacks. First, it is a purely static approach, in which technological progress does not play a role at all. Second, it assumes that output and employment levels are purely demand-determined. In this paper, I propose a biregional supply-side input-output model with two factors of production (high-skilled and low-skilled labor) and interregional interindustry technology spillovers. Applying hypothetical extraction methods to this model yields an alternative framework for identifying important sectors in a dynamic sense.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- 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.
- Ten Raa, T. & Wolff, E.N., 2000. "Engines of Growth in the U.S. Economy," Discussion Paper 2000-77, Tilburg University, Center for Economic Research.
- 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.
- Robert Stehrer, 1970. "Industrial Specialization, Trade, and Labour Market Dynamics in a Multisectoral Model of Technological Progress," wiiw Working Papers 15, The Vienna Institute for International Economic Studies, wiiw.
- Robert Stehrer, 2001. "Industrial specialisation, trade, and labour market dynamics in a multisectoral model of technological progress," Economics working papers 2001-02, Department of Economics, Johannes Kepler University Linz, Austria.
- 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.
- 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 263-274, January.
- Adam B. Jaffe & Manuel Trajtenberg & Rebecca Henderson, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, Oxford University Press, vol. 108(3), pages 577-598.
- 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.
- Jaffe, A.B. & Trajtenberg, M., 1992. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," Papers 14-92, Tel Aviv.
- 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.
- Erik Dietzenbacher & Alex R. Hoen & Bart Los, 2000. "Labor Productivity in Western Europe 1975-1985: An Intercountry, Interindustry Analysis," Journal of Regional Science, Wiley Blackwell, vol. 40(3), pages 425-452.
- Bart Los & Bart Verspagen, 2006. "The Evolution Of Productivity Gaps And Specialization Patterns," Metroeconomica, Wiley Blackwell, vol. 57(4), pages 464-493, November.
- 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.
- 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.
- 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.
- 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.
- Soete, Luc & Verspagen, Bart & ter Weel, Bas, 2010. "Systems of Innovation," Handbook of the Economics of Innovation, Elsevier.
- 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).
- Bas ter Weel & L. Soete & B. Verspagen, 2010. "Systems of innovation," CPB Discussion Paper 138, CPB Netherlands Bureau for Economic Policy Analysis.
- Zvi Griliches, 1998. "The Search for R&D Spillovers," NBER Chapters,in: R&D and Productivity: The Econometric Evidence, pages 251-268 National Bureau of Economic Research, Inc.
- Griliches, Zvi, 1992. " The Search for R&D Spillovers," Scandinavian Journal of Economics, Wiley Blackwell, vol. 94(0), pages 29-47, Supplemen.
- Zvi Griliches, 1991. "The Search for R&D Spillovers," NBER Working Papers 3768, National Bureau of Economic Research, Inc.
- Dietzenbacher, Erik, 1992. "The measurement of interindustry linkages : Key sectors in the Netherlands," Economic Modelling, Elsevier, vol. 9(4), pages 419-437, October. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:wiw:wiwrsa:ersa01p112. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gunther Maier)
If references are entirely missing, you can add them using this form.