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Modelling economic structures from a Qualitative Input-Output Perspective: Greece in 2005 and 2010

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  • Aroche-Reyes, Fidel
  • García Muñiz, Ana Salomé

Abstract

The Input-Output model has made extensive use of graph and network theory, methods and conclusions, in order to carry out structural analysis; such extensions have yielded powerful insights on the relationships existing between industries in an economic system. It is customary in the field to take a deterministic perspective when analysing economic structures, using various measures derived from the Input-Output tables; yet the model can include stochastic experiments. This paper takes that course of action, aiming at modelling the Greek economic structure from a qualitative viewpoint for 2005 and 2010; moreover, sectors are divided by groups of differentiated technology intensity. The methodology is based on a model based on families of distributions that allow predicting and analysing network structures. Results are reached by a probabilistic approach, producing interesting insights about the economic structures under study, while revealing different behaviour of the different groups of industries, classified by technological intensity.

Suggested Citation

  • Aroche-Reyes, Fidel & García Muñiz, Ana Salomé, 2012. "Modelling economic structures from a Qualitative Input-Output Perspective: Greece in 2005 and 2010," MPRA Paper 44415, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:44415
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Network theory; qualitative input-output analysis; structural analysis; simulation model;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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