SLOVAKIA AND AUSTRIA – A COMPARISON OF AGRICULTURE AND FOOD SECTORS

Abstract

Input-output tables with input-output data represent a relatively simple but useful tool to analyze the structure of the economy or undergoing structural changes. These tables enable to quantify direct and indirect linkages within each economy, as well as to study demand or supply relationships between particular sectors. The aim of this paper is to present and compare the main characteristics of 2 selected sectors for Slovakia and Austria. The focus is on the agriculture and food sector and their characteristics using the input output data and analysis. We compared basic input and output multipliers in order to verify the similarities in the position and the development of these sectors in selected countries. Other objectives were analysis of sectors’ backward and forward linkages, “measuring” of their strengths, the identification of key industries and concentration of their impacts. With accordance to our previous research and general trends, we expected a certain decline of importance over the analyzed period of 2000-2014.