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

Aroche-Reyes, Fidel and García Muñiz, Ana Salomé (2012): Modelling economic structures from a Qualitative Input-Output Perspective: Greece in 2005 and 2010.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Network theory, qualitative input-output analysis, structural analysis, simulation model
• Subjects: C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C63 - Computational Techniques ; Simulation Modeling; C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C67 - Input-Output Models; D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D57 - Input-Output Tables and Analysis; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O52 - Europe

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