{"title":"Estimating disguised unemployment in major middle-income countries by means of non-linear input–output analysis, 2000–2014","authors":"Pablo R. Liboreiro","doi":"10.1080/09535314.2022.2135091","DOIUrl":"https://doi.org/10.1080/09535314.2022.2135091","url":null,"abstract":"According to the disguised-unemployment hypothesis, significant wage differences between sectors in less-developed countries result from segmented labour markets and overcrowding of the flexible market segment. So stated, this hypothesis implies a way to measure non-open unemployment: by the amount of labour that must be withdrawn from the market for relative wages to change. Indeed, it is possible to undertake the exercise of comparing the actual employment of a country with a simulated ‘non-dualistic’ employment by means of a non-linear input-output model and taking the US wage structure as a benchmark. This simulation experiment was carried out for seven middle-income countries (Brazil, China, Indonesia, India, Russia, Mexico, and Turkey) using data from the 2016 Release of the World Input–Output Database. The results of the study are consistent with the disguised-unemployment hypothesis, as well as with related literature.","PeriodicalId":47760,"journal":{"name":"Economic Systems Research","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2022-11-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47414592","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Meihui Jiang, Cai Suo, Liangpeng Wu, Peter Berrill
{"title":"Consumption structure optimization for reducing energy footprint","authors":"Meihui Jiang, Cai Suo, Liangpeng Wu, Peter Berrill","doi":"10.1080/09535314.2022.2142528","DOIUrl":"https://doi.org/10.1080/09535314.2022.2142528","url":null,"abstract":"To investigate how to obtain the optimal balance between energy consumption and economic development, this paper proposes a multifactor optimization model (MFOM). Different from previous input–output optimization models, our proposed MFOM comprehensively considers the direct and indirect impacts of sectoral consumption activities on total energy consumption. The results show that MFOM achieves higher energy-saving goals by smaller adjustment to consumption activities than the previous input–output optimization models do. The results also show that the consumption of some products should be limited to achieve the energy-saving and economic growth goals, such as Non-ferrous Metal Ore Mining, Chemical Products and Ferrous Metal Ore Processing. Furthermore, the results indicate that the share of some sectors, especially high-level manufacturing sectors, significantly decreases in the consumption structure after optimization. To maintain the sustainable development of these sectors, the dependence of their production activities on energy-intensive products should be reduced.","PeriodicalId":47760,"journal":{"name":"Economic Systems Research","volume":"46 1","pages":"458 - 477"},"PeriodicalIF":2.5,"publicationDate":"2022-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59621674","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Costs of LDC graduation on market access: evidence from emerging Bangladesh","authors":"Mohammad Masudur Rahman, Anna Strutt","doi":"10.1080/09535314.2022.2138271","DOIUrl":"https://doi.org/10.1080/09535314.2022.2138271","url":null,"abstract":"Graduation from the least developed country (LDC) status to a developing country is a critical policy choice for many emerging economies as they will lose preferential market access in the most developed markets. Bangladesh is an important case study of an emerging trading nation that will graduate from the LDC status to a developing country by 2026. Against this background, we empirically estimate the costs of LDC graduation on market access using a computable general equilibrium modelling framework. The findings show that if developed countries impose a standard generalized system of preferences (GSP) tariff while importing from Bangladesh and at the same time if Bangladesh eliminates its export subsidies, Bangladesh’s real gross domestic product (GDP) may drop by about 0.38 per cent and exports could fall by about six percent. The ready-made garment sector could be affected severely, and export may decline by about 14 percent. The analysis indicates that the income of urban households could decrease by three percent, and household consumption may shrink by about four percent. To minimize this adverse impact, Bangladesh should ensure its market access either under the GSP plus to the EU market or by signing a preferential or free trade agreement with the EU and other leading trading partners. Bangladesh needs to play an active role in the WTO to ensure its market access after graduation. Streamline subsidy policy, enhanced domestic productivity, competitiveness and export diversification are also the keys for smooth LDC graduation.","PeriodicalId":47760,"journal":{"name":"Economic Systems Research","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2022-11-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43104124","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A supply-driven model consuming simultaneously all primary inputs: unfolding analytical potential beyond the Ghosh model","authors":"Aleix Altimiras-Martin","doi":"10.1080/09535314.2022.2137008","DOIUrl":"https://doi.org/10.1080/09535314.2022.2137008","url":null,"abstract":"","PeriodicalId":47760,"journal":{"name":"Economic Systems Research","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2022-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44510618","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"When do public transport investments really matter? A CGE analysis for Türkiye","authors":"V. Cetin","doi":"10.1080/09535314.2022.2122407","DOIUrl":"https://doi.org/10.1080/09535314.2022.2122407","url":null,"abstract":"","PeriodicalId":47760,"journal":{"name":"Economic Systems Research","volume":"1 1","pages":""},"PeriodicalIF":2.5,"publicationDate":"2022-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42798380","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A. Shaikh, Luiza Nassif-Pires, José Alejandro Coronado
{"title":"A new empirical contribution to an old theoretical puzzle: what input–output matrix properties tells us about equilibrium prices and quantities","authors":"A. Shaikh, Luiza Nassif-Pires, José Alejandro Coronado","doi":"10.1080/09535314.2022.2106418","DOIUrl":"https://doi.org/10.1080/09535314.2022.2106418","url":null,"abstract":"Eigenvalues of input-output matrices have significant implications for the structures of equilibrium prices and quantities. According to the Bródy Conjecture (BC), all subdominant eigenvalues of matrix would approach zero as matrix size approached infinity. Thus, any given initial quantity or price vector would converge to the corresponding equilibrium one in a single step. This paper adds significant empirical evidence to this theoretical discussion. We create a database of 307 different sizes matrices ranging over 30 years. Contrary to BC, we find that: the coefficient of variation and the subdominant eigenvalue moduli rise with matrix size; there’s a universal rank-size curve of eigenvalue moduli, but it is smooth and convex rather than L-shaped; the distribution of eigenvalue moduli is best fit by a Weibull probability distribution; the Weibull quantile function in turn yields a power law for eigenvalue moduli which is a better fit than a previously proposed exponential function.","PeriodicalId":47760,"journal":{"name":"Economic Systems Research","volume":"35 1","pages":"118 - 135"},"PeriodicalIF":2.5,"publicationDate":"2022-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41842108","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Assessing employment benefits from trade: US-Mexico trade under NAFTA","authors":"Raúl Vázquez-López","doi":"10.1080/09535314.2022.2091427","DOIUrl":"https://doi.org/10.1080/09535314.2022.2091427","url":null,"abstract":"Recent tendencies in the operation of Global Value Chains (GVC) have indicated an increasingly asymmetric distribution of benefits in terms of the participating countries and different layers of workers. This paper employs the World Input–Output Database to calculate the working hours and wages embodied in manufacturing exports between the US and Mexico, by country of origin and skill level, from 1995 to 2008. In purchasing power, the increase in total wages paid in the US, generated by the bilateral trade, was significantly higher than that of wages paid in Mexico, even though the additional number of hours worked in Mexico was seven times higher. For the US, the results ratify the loss of jobs after 2001, but with an upgrade of the skill structure. We conclude that the trend towards replacement of low-skilled labour by more capital-intensive systems occurs within GVC to the detriment of the incomes of low-skilled workers.","PeriodicalId":47760,"journal":{"name":"Economic Systems Research","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2022-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43600170","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The business accounting matrix: a proposal with an application","authors":"C. Manrique-de-Lara-Peñate, José J. Déniz-Mayor","doi":"10.1080/09535314.2022.2062302","DOIUrl":"https://doi.org/10.1080/09535314.2022.2062302","url":null,"abstract":"Enterprise input-output has been the subject of IO research for many years now. Being based on input-output tables and models these efforts has obviously been concentrated in models combining activities in a firm and goods and services required or produced (demand and price models). In the same way as a National Accounting Matrix (NAM) extends the information given by an IOT covering all flows related to the generation, distribution and use of income, we propose to construct a similar framework at the firm level. As far as we know, this effort has not been previously undertaken.","PeriodicalId":47760,"journal":{"name":"Economic Systems Research","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2022-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47088173","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Tânia Moreira Alberti, Kênia Barreiro de Souza, A. Porsse
{"title":"Poverty and the functional distribution of income in the input–output framework: in pursuit of strategies for inclusive growth","authors":"Tânia Moreira Alberti, Kênia Barreiro de Souza, A. Porsse","doi":"10.1080/09535314.2022.2067029","DOIUrl":"https://doi.org/10.1080/09535314.2022.2067029","url":null,"abstract":"The eradication of poverty as proposed by the first Sustainable Development Goal is one of the main challenges faced by all countries, especially the underdeveloped and developing nations. In this paper, we develop an approach for integrating the input–output framework with a microsimulation model where consumption and income data are highly disaggregated and along with Miyazawa linkages. This allows us to identify how sectoral economic structure affects income distribution. This, in turn, provides information relevant to the inclusive growth policies that can create work opportunities for the low-income population and, thereby eliminating poverty. Results show how labor-intensive sectors might be important in ending poverty and in reducing inequality. They even show the set of activities that could best contribute to this goal via changes in the productive structure.","PeriodicalId":47760,"journal":{"name":"Economic Systems Research","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2022-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44769465","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
M. Lankhuizen, D. Diodato, Anet Weterings, O. Ivanova, M. Thissen
{"title":"Identifying labour market bottlenecks in the energy transition: a combined IO-matching analysis","authors":"M. Lankhuizen, D. Diodato, Anet Weterings, O. Ivanova, M. Thissen","doi":"10.1080/09535314.2022.2048294","DOIUrl":"https://doi.org/10.1080/09535314.2022.2048294","url":null,"abstract":"This paper combines an input–output model and a novel regional labour market matching model in order to identify potential bottlenecks in regional labour markets resulting from shocks in demand caused by the energy transition. Identifying these bottlenecks provides relevant information for policymakers to determine in which regions and industries policy intervention in labour markets may be needed to ensure a smooth transformation. We analyse the effects of a shock that is illustrative for the energy transition in the Netherlands. Our results indicate that the aim of the Dutch government to substantially reduce greenhouse gas emissions may, at least in the short run, be hampered by bottlenecks in labour markets.","PeriodicalId":47760,"journal":{"name":"Economic Systems Research","volume":"35 1","pages":"157 - 182"},"PeriodicalIF":2.5,"publicationDate":"2022-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46262630","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}