IDEAS home Printed from https://ideas.repec.org/p/ekd/009007/9076.html
   My bibliography  Save this paper

Alternative Growth Industries In Gabon: An Input-Output Analysis

Author

Listed:
  • Reyno Seymore
  • Martin Combrinck

Abstract

The objective of the study is to determine the necessary growth magnitudes in exogenous final demand for the alternative growth industries identified by the Gabonese government, which would directly offset the GDP decline resulting from the decrease in the production of oil. Input-output analysis has been identified as the appropriate methodology, especially due to data restrictions, since it can be used to evaluate the direct and indirect effects on the economy of various simulations. In the process of answering the study objective, a symmetric input-output table is developed which, at the time of writing, did not exist for Gabon. All the alternative growth industries were simulated separately to directly offset the decline in the oil production, and the required growth magnitudes in these industries were calculated. In addition, a fifth scenario identified that an 8.16% increase in the exogenous final demand of all the alternative growth industries, is sufficient to directly offset the effect that the 2.80% decline in production of the “Production of “raw” petrol and natural gas and petroleum services” industry (B03), has on GDP. In addition, the indirect impact on total production will be positive.

Suggested Citation

  • Reyno Seymore & Martin Combrinck, 2016. "Alternative Growth Industries In Gabon: An Input-Output Analysis," EcoMod2016 9076, EcoMod.
    • Handle: RePEc:ekd:009007:9076
    as

    Download full text from publisher

    File URL: http://ecomod.net/system/files/Seymore.Alternative%20growth%20industries%20in%20Gabon.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Louis Mesnard, 2011. "Negatives in symmetric input–output tables: the impossible quest for the Holy Grail," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 46(2), pages 427-454, April.
    2. Kerschner, Christian & Hubacek, Klaus, 2009. "Assessing the suitability of input–output analysis for enhancing our understanding of potential economic effects of Peak Oil," Energy, Elsevier, vol. 34(3), pages 284-290.
    3. Elder, Eric E. & Butcher, Walter R., 1989. "Including The Economic Impact Of Cost Paying In Regional Input-Output Analysis," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(01), pages 1-7, July.
    4. Xu, Tang & Baosheng, Zhang & Lianyong, Feng & Masri, Marwan & Honarvar, Afshin, 2011. "Economic impacts and challenges of China’s petroleum industry: An input–output analysis," Energy, Elsevier, vol. 36(5), pages 2905-2911.
    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. Qi, Tianyu & Zhou, Li & Zhang, Xiliang & Ren, Xiangkun, 2012. "Regional economic output and employment impact of coal-to-liquids (CTL) industry in China: An input–output analysis," Energy, Elsevier, vol. 46(1), pages 259-263.
    2. Hughes, David W. & Brown, Cheryl & Miller, Stacy & McConnell, Tom, 2008. "Evaluating the Economic Impact of Farmers’ Markets Using an Opportunity Cost Framework," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 40(01), pages 1-13, April.
    3. Llop, Maria, 2017. "Changes in energy output in a regional economy: A structural decomposition analysis," Energy, Elsevier, vol. 128(C), pages 145-151.
    4. Höök, Mikael & Tang, Xu, 2013. "Depletion of fossil fuels and anthropogenic climate change—A review," Energy Policy, Elsevier, vol. 52(C), pages 797-809.
    5. Zhang, Chuanguo & Yu, Xiaoxue & Zhou, Juncen, 2024. "China's embodied oil outflow in GVC participation: Patterns and drivers," Resources Policy, Elsevier, vol. 91(C).
    6. Sun, Mei & Gao, Cuixia & Shen, Bo, 2014. "Quantifying China's oil import risks and the impact on the national economy," Energy Policy, Elsevier, vol. 67(C), pages 605-611.
    7. Liu, Chang & Sun, Xiaolei & Chen, Jianming & Li, Jianping, 2016. "Statistical properties of country risk ratings under oil price volatility: Evidence from selected oil-exporting countries," Energy Policy, Elsevier, vol. 92(C), pages 234-245.
    8. van Ruijven, Bas & van Vuuren, Detlef P., 2009. "Oil and natural gas prices and greenhouse gas emission mitigation," Energy Policy, Elsevier, vol. 37(11), pages 4797-4808, November.
    9. Xi, Xian & Zhou, Jinsheng & Gao, Xiangyun & Liu, Donghui & Zheng, Huiling & Sun, Qingru, 2019. "Impact of changes in crude oil trade network patterns on national economy," Energy Economics, Elsevier, vol. 84(C).
    10. Tarancón, Miguel Ángel & del Río, Pablo & Callejas, Fernando, 2011. "Determining the responsibility of manufacturing sectors regarding electricity consumption. The Spanish case," Energy, Elsevier, vol. 36(1), pages 46-52.
    11. Wu, Man-Hwa & Ni, Yen-Sen, 2011. "The effects of oil prices on inflation, interest rates and money," Energy, Elsevier, vol. 36(7), pages 4158-4164.
    12. José Manuel Rueda-Cantuche & Iñaki Arto & Valeria Andreoni & José M. Rueda-Cantuche, 2012. "Worldwide economic effects of disruptions in the production chain: the 2011 Japanese disasters," EcoMod2012 4088, EcoMod.
    13. Waters, Edward C. & Holland, David W. & Weber, Bruce A., 1994. "Interregional Effects Of Reduced Timber Harvests: The Impact Of The Northern Spotted Owl Listing In Rural And Urban Oregon," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(01), pages 1-20, July.
    14. Wu, Kuei-Yen & Huang, Yun-Hsun & Wu, Jung-Hua, 2018. "Impact of electricity shortages during energy transitions in Taiwan," Energy, Elsevier, vol. 151(C), pages 622-632.
    15. Kang, Dongsuk & Lee, Duk Hee, 2017. "Energy shocks and detecting influential industries," Energy, Elsevier, vol. 125(C), pages 234-247.
    16. Rodrigues, João F.D. & Rueda-Cantuche, José M., 2013. "A two-stage econometric method for the estimation of carbon multipliers with rectangular supply and use tables," Ecological Economics, Elsevier, vol. 95(C), pages 206-212.
    17. Lin, Boqiang & Raza, Muhammad Yousaf, 2020. "Coal and economic development in Pakistan: A necessity of energy source," Energy, Elsevier, vol. 207(C).
    18. Cho, Cheol-Joo, 2017. "The displacement and attraction effects in interurban migration: An application of the input-output scheme to the case of large cities in Korea," Economics Discussion Papers 2017-49, Kiel Institute for the World Economy (IfW Kiel).
    19. Xu, Tang & Baosheng, Zhang & Lianyong, Feng & Masri, Marwan & Honarvar, Afshin, 2011. "Economic impacts and challenges of China’s petroleum industry: An input–output analysis," Energy, Elsevier, vol. 36(5), pages 2905-2911.
    20. Wu, Libo & Li, Jing & Zhang, ZhongXiang, 2013. "Inflationary effect of oil-price shocks in an imperfect market: A partial transmission input–output analysis," Journal of Policy Modeling, Elsevier, vol. 35(2), pages 354-369.

    More about this item

    Keywords

    Gabon; Developing countries; Energy and environmental policy;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ekd:009007:9076. 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: Theresa Leary (email available below). General contact details of provider: https://edirc.repec.org/data/ecomoea.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.