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Use of Input–Output Approach for Supporting Decisions in the Field of Economic Policy

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  • A. A. Shirov

    (Russian Academy of Sciences)

Abstract

This article presents basic guidelines of “input–output” approach for decision-making in the field of economic policy. Special attention is given to modern approaches to the analysis and forecasting of economic development by using a cross-sectoral approach. The paper discusses the limitations of structural development of the Russian economy and describes the capabilities of modern interindustry models in the field of macrostructural forecasting.

Suggested Citation

  • A. A. Shirov, 2018. "Use of Input–Output Approach for Supporting Decisions in the Field of Economic Policy," Studies on Russian Economic Development, Springer, vol. 29(6), pages 588-597, November.
    • Handle: RePEc:spr:sorede:v:29:y:2018:i:6:d:10.1134_s107570071806014x
    DOI: 10.1134/S107570071806014X
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    References listed on IDEAS

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    1. Clopper Almon, 2016. "Inforum models: Origin, evolution and byways avoided," Studies on Russian Economic Development, Springer, vol. 27(2), pages 119-126, March.
    2. A. A. Shirov & A. A. Yantovskii, 2017. "RIM interindustry macroeconomic model: Development of instruments under current economic conditions," Studies on Russian Economic Development, Springer, vol. 28(3), pages 241-252, May.
    3. Marcel P. Timmer & Erik Dietzenbacher & Bart Los & Robert Stehrer & Gaaitzen J. Vries, 2015. "An Illustrated User Guide to the World Input–Output Database: the Case of Global Automotive Production," Review of International Economics, Wiley Blackwell, vol. 23(3), pages 575-605, August.
    4. M. Yu. Ksenofontov & A. A. Shirov & D. A. Polzikov & A. A. Yantovskii, 2018. "Assessing Multiplier Effects in the Russian Economy: Input-Output Approach," Studies on Russian Economic Development, Springer, vol. 29(2), pages 109-115, March.
    5. Richard Wood & Troy R. Hawkins & Edgar G. Hertwich & Arnold Tukker, 2014. "Harmonising National Input-Output Tables For Consumption-Based Accounting - Experiences From Exiopol," Economic Systems Research, Taylor & Francis Journals, vol. 26(4), pages 387-409, December.
    6. Manfred Lenzen & Daniel Moran & Keiichiro Kanemoto & Arne Geschke, 2013. "Building Eora: A Global Multi-Region Input-Output Database At High Country And Sector Resolution," Economic Systems Research, Taylor & Francis Journals, vol. 25(1), pages 20-49, March.
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    Citations

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    Cited by:

    1. L. A. Strizhkova & G. R. Islamova & S. I. Kashirskaya, 2022. "Intercountry Input–Output Table of the Eurasian Economic Union as a Component of the Tools for Analysis and Forecasting of Its Economy," Studies on Russian Economic Development, Springer, vol. 33(2), pages 135-148, April.
    2. E. A. Edinak, 2020. "Estimating Total Labor Input for Supporting Informed Economic Policy Decisions," Studies on Russian Economic Development, Springer, vol. 31(6), pages 655-662, November.
    3. A. M. Kalinin & S. S. Koroteev & A. A. Krupin & A. V. Nefedov, 2021. "Technological Import Dependence of the Russian Economy: An Assessment Using Input–Output Tables," Studies on Russian Economic Development, Springer, vol. 32(1), pages 52-58, January.
    4. A. P. Potapov, 2021. "The Use of Input–Output Tables in the Study of the Dynamics and Structure of the Resource Intensity of Agricultural Production," Studies on Russian Economic Development, Springer, vol. 32(2), pages 177-183, March.
    5. Massimo Beccarello & Giacomo Di Foggia, 2022. "Economic Impact of Energy Efficiency Policies: A Scenario Analysis," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 14(12), pages 1-1, December.
    6. D. N. Shul’ts & P. A. Lavrinenko, 2020. "Assessment of the Economic Impacts of Reducing Transportation Costs Based on DSGE Modeling," Studies on Russian Economic Development, Springer, vol. 31(5), pages 549-558, September.

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