An input-output approach to forecasting gross domestic output and employment intensities by sectors

Parikh, A. and Edwards, R. (1980) An input-output approach to forecasting gross domestic output and employment intensities by sectors. Empirical Economics, 5 (1). pp. 1-14. ISSN 0377-7332

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Abstract

The purpose of this paper is to integrate two commonly known input-output models of Leontief and Stone for employment analysis. Although assumptions of Leontief model are somewhat different from Stone's model, the empirical analysis can be conducted ignoring the difference between competitive and noncompetitive imports in the initial stage. The Leontief model is used to make predictions of gross domestic output on the basis of predicted imports and final demand by sectors. The predicted output is used to derive employment by sectors for a target year and this in turn is used in Stone's input-output framework for the analysis of total labour intensity by sectors. The approach on the estimates of labour intensity by sectors is illustrated using Japan's input-output data.

Item Type: Article
Faculty \ School: Faculty of Social Sciences > School of Social Work
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Depositing User: Pure Connector
Date Deposited: 22 Nov 2013 14:54
Last Modified: 21 Mar 2019 11:01
URI: https://ueaeprints.uea.ac.uk/id/eprint/44462
DOI: 10.1007/BF01848039

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