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Linkages, key sectors and structural change: some new perspectives

Author

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  • Sonis, Michael
  • Guilhoto, Joaquim José Martins
  • Hewings, Geoffrey J.D.
  • Martins, Eduardo B.

Abstract

Recent exchanges in the literature on the identification and role of key sectors in national and regional economies have highlighted the difficulties of consensus regarding terminology, appropriate measurement as well as economic interpretation. In this paper, some new perspectives are advanced which provide a more comprehensive view of an economy and offer the potential for uncovering alternative perspectives about the role of linkages and multipliers in input-output and expanded social accounting systems. The analysis draws on some pioneering work by Miyazawa in the identification of internal and external multiplier effects. The theoretical techniques are illustrated by reference to a set of input-output tables for the Brazilian economy. The paper thus provides a more comprehensive view than the ones proposed by Baer, Fonseca, and Guilhoto (1987), Hewings, Fonseca, Guilhoto, and Sonis (1989) and the recent contributions of Clements and Rossi (1991, 1992) that draw on some earlier work of Cella (1984).

Suggested Citation

  • Sonis, Michael & Guilhoto, Joaquim José Martins & Hewings, Geoffrey J.D. & Martins, Eduardo B., 1995. "Linkages, key sectors and structural change: some new perspectives," MPRA Paper 54754, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:54754
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    References listed on IDEAS

    as
    1. J. Diamond, 1976. "Key Sectors In Some Underdeveloped Countries: A Comment," Kyklos, Wiley Blackwell, vol. 29(4), pages 762-764, January.
    2. Sonis, Michael & Hewings, Geoffrey J.D., 1993. "Hierarchies of Regional Sub-Structures and Their Multipliers within Input-output Systems Miyazawa Revisited," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 34(1), pages 33-44, June.
    3. Simonovits, A, 1975. "A Note on the Underestimation and Overestimation of the Leontief Inverse," Econometrica, Econometric Society, vol. 43(3), pages 493-498, May.
    4. Guilhoto, Joaquim José M. & Fonseca, Manuel Alcino R. Da, 1987. "Uma análise dos efeitos econômicos de estratégias setoriais," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 41(1), January.
    5. repec:bla:kyklos:v:29:y:1976:i:4:p:762-64 is not listed on IDEAS
    6. Bullard, Clark W & Sebald, Anthony V, 1988. "Monte Carlo Sensitivity Analysis of Input-Output Models," The Review of Economics and Statistics, MIT Press, vol. 70(4), pages 708-712, November.
    7. Cella, Guido, 1984. "The Input-Output Measurement of Interindustry Linkages," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 46(1), pages 73-84, February.
    8. Hewings, Geoffrey J. D. & Fonseca, Manuel & Guilhoto, Joaquim & Sonis, Michael, 1989. "Key sectors and structural change in the Brazilian economy: A comparison of alternative approaches and their policy implications," Journal of Policy Modeling, Elsevier, vol. 11(1), pages 67-90.
    9. Guccione, Antonio, 1986. "The Input-Output Measurement of Interindustry Linkages: A Comment," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 48(4), pages 373-377, November.
    10. Bullard, Clark W, III & Sebald, Anthony V, 1977. "Effects of Parametric Uncertainty and Technological Change on Input-Output Models," The Review of Economics and Statistics, MIT Press, vol. 59(1), pages 75-81, February.
    11. Clements, Benedict J., 1990. "On the decomposition and normalization of interindustry linkages," Economics Letters, Elsevier, vol. 33(4), pages 337-340, August.
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    More about this item

    Keywords

    Input-output; structural change; regional economies;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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