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Structural Change in the United States: Social Accounting Estimates for 1982-1988

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  • Reinert, Kenneth A
  • Roland-Holst, David W

Abstract

During the 1980s, extensive structural adjustments took place in the U.S. economy. This paper uses estimates of sectorally detailed social accounting matrices to evaluate the changes in receipt and expenditure patterns, including interindustry linkages, over the 1982-1988 period. Among other effects, our results reveal increasing service orientation, shifts in energy use, and increased import and foreign investment dependence. Detailed evidence on direct and indirect demand linkages indicates large shifts in the composition of government expenditure and private investment, the latter being intensified by declines in the rate of domestic capital formation.

Suggested Citation

  • Reinert, Kenneth A & Roland-Holst, David W, 1994. "Structural Change in the United States: Social Accounting Estimates for 1982-1988," Empirical Economics, Springer, vol. 19(3), pages 429-449.
    • Handle: RePEc:spr:empeco:v:19:y:1994:i:3:p:429-49
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    Cited by:

    1. Poonam Munjal, 2013. "Measuring the Economic Impact of the Tourism Industry in India Using the Tourism Satellite Account and Input—Output Analysis," Tourism Economics, , vol. 19(6), pages 1345-1359, December.
    2. Channing Arndt & Azhar Hussain & Sam Jones & Virgulino Nhate & Finn Tarp & James Thurlow, 2011. "Explaining Poverty Evolution: The Case of Mozambique," WIDER Working Paper Series wp-2011-017, World Institute for Development Economic Research (UNU-WIDER).
    3. Joseph F. Francois & Mario Holzner & Olga Pindyuk, 2011. "Austrian Linkages to the European Economy and the Transmission Mechanisms of Economic Crisis," FIW Research Reports series III-006, FIW.
    4. Joseph Francois & Julia Woerz, 2008. "Producer Services, Manufacturing Linkages, and Trade," Journal of Industry, Competition and Trade, Springer, vol. 8(3), pages 199-229, December.
    5. Pilar Campoy Muñoz & Manuel Alejandro Cardenete Flores & María del Carmen Delgado López, 2014. "Analysis of Structural Changes in Andalusian Economy Using Social Accounting Matrices," WIFO Working Papers 486, WIFO.
    6. Campoy-Muñoz, Pilar & Cardenete, Manuel Alejandro & Delgado, M. Carmen, 2015. "Strategic sectors and employment during the crisis: The case of Andalusia || Sectores estratégicos y empleo durante la crisis: el caso de Andalucía," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 20(1), pages 25-52, December.

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