IDEAS home Printed from https://ideas.repec.org/a/rsr/journl/v64y2016i3p19-51.html
   My bibliography  Save this article

A Structural Analysis of European Union Economy

Author

Listed:
  • Liliana DUGULEANA

    (Transilvania University of Brasov)

  • Constantin DUGULEANA

    (Transilvania University of Brasov)

  • Steliana BUSUIOCEANU

    (Transilvania University of Brasov)

Abstract

Based on the input-output analysis, the paper characterizes the structure of European economy in 2010 and 2011, on six main economic sectors. The sectoral structures of backward and forward linkages, and their absolute effects starting from the final demand, were compared with the real structures of sectors output, sectoral imports, sectoral value added, in 2011 face to 2010. The changes in final demand and in sectoral output can be analyzed in the propagation processes of the inter-sectoral economic flows, and allow us to know the behavior at macroeconomic level of European economy. The common economic policies at European level can be undertaken to keep the equilibrium between different sectors, to stimulate the sectors with high levels of productivity, to ensure the efficiency of using the resources, and the sustainability of economic development, which are the purposes of a smart development.

Suggested Citation

  • Liliana DUGULEANA & Constantin DUGULEANA & Steliana BUSUIOCEANU, 2016. "A Structural Analysis of European Union Economy," Romanian Statistical Review, Romanian Statistical Review, vol. 64(3), pages 19-51, September.
    • Handle: RePEc:rsr:journl:v:64:y:2016:i:3:p:19-51
    as

    Download full text from publisher

    File URL: http://www.revistadestatistica.ro/wp-content/uploads/2016/09/RRS3_2016_A2.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. ten Raa,Thijs, 2006. "The Economics of Input-Output Analysis," Cambridge Books, Cambridge University Press, number 9780521602679, September.
    2. Ajit Singh & Sukti Dasgupta, 2005. "Will services be the new engine of economic growth in India?," Working Papers wp310, Centre for Business Research, University of Cambridge.
    3. Kucera, David, & Roncolato, Leanne., 2012. "Structure matters : sectoral drivers of growth and the labour productivity-employment relationship," ILO Working Papers 994717343402676, International Labour Organization.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Islam, Rizwanul, 2017. "Structural Transformation and Absorption of Surplus Labour," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 40(3-4), pages 105-136, Sep-Dec.
    2. Lechón, Y. & de la Rúa, C. & Rodríguez, I. & Caldés, N., 2019. "Socioeconomic implications of biofuels deployment through an Input-Output approach. A case study in Uruguay," Renewable and Sustainable Energy Reviews, Elsevier, vol. 104(C), pages 178-191.
    3. André Lorentz & Maria Savona, 2009. "Evolutionary micro-dynamics and changes in the economic structure," Springer Books, in: Uwe Cantner & Jean-Luc Gaffard & Lionel Nesta (ed.), Schumpeterian Perspectives on Innovation, Competition and Growth, pages 137-160, Springer.
    4. Szirmai, Adam & Verspagen, Bart, 2015. "Manufacturing and economic growth in developing countries, 1950–2005," Structural Change and Economic Dynamics, Elsevier, vol. 34(C), pages 46-59.
    5. Florian Blöchl & Fabian J. Theis & Fernando Vega-Redondo & Eric O'N. Fisher, 2010. "Which Sectors of a Modern Economy are most Central?," CESifo Working Paper Series 3175, CESifo.
    6. Fiona Tregenna, 2008. "Quantifying The Outsourcing Of Jobs From Manufacturing To Services," South African Journal of Economics, Economic Society of South Africa, vol. 76(s2), pages 222-238, August.
    7. Miniaoui, Hela & Schilirò, Daniele, 2016. "Innovation and Entrepreneurship for the growth and diversification of the GCC Economies," MPRA Paper 71898, University Library of Munich, Germany.
    8. Elkhan Richard Sadik-Zada & Wilhelm Loewenstein, 2020. "Drivers of CO 2 -Emissions in Fossil Fuel Abundant Settings: (Pooled) Mean Group and Nonparametric Panel Analyses," Energies, MDPI, vol. 13(15), pages 1-24, August.
    9. Saša Èegar, 2020. "Water extended input-output analysis of the Croatian economy," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 38(1), pages 147-182.
    10. Maria Savona, 2021. "Revisiting High Development Theory to Explain Upgrading Prospects in Business Services Global Value Chains," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 33(2), pages 206-226, April.
    11. Kaushik Basu & Annemie Maertens, 2007. "The pattern and causes of economic growth in India," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 23(2), pages 143-167, Summer.
    12. Akos Valentinyi & Berthold Herrendorf, 2008. "Measuring Factor Income Shares at the Sector Level," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 820-835, October.
    13. Stock, Ryan, 2021. "Bright as night: Illuminating the antinomies of ‘gender positive’ solar development," World Development, Elsevier, vol. 138(C).
    14. Dave Zachariah & Paul Cockshott, 2017. "Leontief Meets Shannon - Measuring the Complexity of the Economic System," Papers 1705.02154, arXiv.org, revised Jul 2017.
    15. Bhaduri Amit, 2008. "Growth and employment in the era of globalization: some lessons from the Indian experience Amit Bhaduri; Subregional Office for South Asia, New Delhi," ILO Working Papers 994237563402676, International Labour Organization.
    16. Domínguez, Alvaro & Santos-Marquez, Felipe & Mendez, Carlos, 2021. "Sectoral productivity convergence, input-output structure and network communities in Japan," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 582-599.
    17. Gabriel, Luciano Ferreira & de Santana Ribeiro, Luiz Carlos, 2019. "Economic growth and manufacturing: An analysis using Panel VAR and intersectoral linkages," Structural Change and Economic Dynamics, Elsevier, vol. 49(C), pages 43-61.
    18. Adrián Rial & Rafael Fernández, 2023. "Does tertiarisation slow down productivity growth? A Kaldorian–Baumolian analysis across 10 developed economies," Metroeconomica, Wiley Blackwell, vol. 74(1), pages 188-222, February.
    19. Seema Joshi, 2009. "IT and ITES as an Engine of Growth : An Exploration into the Indian Experience," Development Economics Working Papers 22926, East Asian Bureau of Economic Research.
    20. Javier López González & Valentina Meliciani & Maria Savona, 2019. "When Linder meets Hirschman: inter-industry linkages and global value chains in business services," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 28(6), pages 1555-1586.

    More about this item

    Keywords

    input-output table; backward linkage; forward linkage; technological matrix; input coefficients; input coefficients; output multipliers;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rsr:journl:v:64:y:2016:i:3:p:19-51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adrian Visoiu (email available below). General contact details of provider: https://edirc.repec.org/data/stagvro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.