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The Effect of Sector Loss on the Internal Structure of Regional Economies

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  • Erasmia Valma

Abstract

The basic purpose of this study is to provide a useful framework in order to examine the various kinds of "hypothetical extraction" measures. In other words the purpose is to quantify how much the region’s output would change if a particular sector was not present. In accordance to the literature below sited a measure of the relative importance of any particular sector in a regional economy is found by extracting this sector. The impacts of these "extractions" on the sector multipliers, which represent the basic structure of the regional economy, were measured. The conclusion of the empirical implementation indicated that the change is significant. This should be crucial to the regional analyst when is called to use the extraction model.

Suggested Citation

  • Erasmia Valma, 2014. "The Effect of Sector Loss on the Internal Structure of Regional Economies," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 93-110.
    • Handle: RePEc:ers:journl:v:xvii:y:2014:i:4:p:93-110
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    References listed on IDEAS

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    1. Sonis, Michael & Guilhoto, Joaquim José Martins & Hewings, Geoffrey J.D. & Martins, Eduardo B., 1995. "Linkages, key sectors and structural change: some new perspectives," MPRA Paper 54754, University Library of Munich, Germany.
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    1. Mikhail Yakovlevich Veselovsky & Pavel Pavlovich Pilipenko & Vladimir Gavrilovich Savenko & Anna Gennadyevna Glebova & Lyudmila Aleksandrovna Shmeleva, 2017. "The Organization of the Innovation Transfer in the Agro-industrial Complex of Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 484-499.
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    3. S.S. Morkovina & Y.M. Sokolinskaya & N.M. Bukhtoyarov & N.M. Safonova, 2017. "Deformation Factors of the Entrepreneurship Development in the Industry Segments of the Economy of the Russian Federation," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 403-411.

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    More about this item

    Keywords

    Extraction Method; Structure of Economy; Significant Difference;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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