Are there key sectors? : an appraisal using applied general equilibrium
Cardenete Flores, Manuel Alejandro (Universidad Pablo de Olavide)
Lima, M. Carmen (Universidad Pablo de Olavide. Departamento de Economía)
Sancho Pifarré, Ferran (Universitat Autònoma de Barcelona. Departament d'Economia i d'Història Econòmica)

Date:	2013
Abstract:	An extension of the hypothetical extraction method to a general equilibrium setting is considered. This has the advantage of re-interpreting output changes as efficiency gains or losses, which may be of use in identifying "key" sectors in an interconnected economy. The categorization may be relevant for the evaluation of intersectoral synergies and for improving policy planning and orienting economic strategy. We argue that the standard measures based on gross outputs may not capture all of the relevant impacts and this is so because of some self-imposed modeling and accounting limitations. An economy-wide Computable General Equilibrium (CGE) approach provides a modeling platform that overcomes these limitations since it offers (i) a more comprehensive measure of linkages and (ii) an alternative way of accounting for linkages' relevance that is in closer accordance with the standard statistical magnitudes used in national or regional accounts.
Grants:	Ministerio de Ciencia e Innovación ECO2009-11857 Agència de Gestió d'Ajuts Universitaris i de Recerca 2009/SGR-578 Ministerio de Ciencia e Innovación ECO2009-13357
Note:	Altres ajuts: SEJ-4546
Rights:	Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, i la comunicació pública de l'obra, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original. No es permet la creació d'obres derivades.
Language:	Anglès
Document:	Article ; recerca ; Versió publicada
Subject:	Key sectors ; Hypothetical extraction ; Applied general equilibrium ; Economic impulse ; Sectoral efficiency
Published in:	The Review of regional studies, Vol. 43 Núm. 2 (2013) , p. 111-129, ISSN 1553-0892

19 p, 309.6 KB

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