The static demand multipliers in a joint production framework: comparative findings for the Greek, Spanish and Eurozone economies
Theodore Mariolis*, Nikolaos Ntemiroglou* and George Soklis*
*Panteion University, Department of Public Administration
Journal of Economic Structures, The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS), 2018, 7:18.
Abstract
This paper uses input–output data from Supply and Use Tables for the year 2010 and provides empirical estimations of the static demand multipliers in a joint production framework for two representative Southern Eurozone economies, i.e., Greece and Spain, and for the Eurozone economy as a whole. The findings reveal certain differentiated features of the economies under consideration, call into question the post-2010 ‘horizontal’ implementation of economic policy measures and, finally, provide a context for formulating well-targeted effective demand management and structural policy programs.
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Theodore Mariolis*, Nikolaos Ntemiroglou* and George Soklis*
*Panteion University, Department of Public Administration
Journal of Economic Structures, The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS), 2018, 7:18.
Abstract
This paper uses input–output data from Supply and Use Tables for the year 2010 and provides empirical estimations of the static demand multipliers in a joint production framework for two representative Southern Eurozone economies, i.e., Greece and Spain, and for the Eurozone economy as a whole. The findings reveal certain differentiated features of the economies under consideration, call into question the post-2010 ‘horizontal’ implementation of economic policy measures and, finally, provide a context for formulating well-targeted effective demand management and structural policy programs.
Μπορείτε να κατεβάσετε το πλήρες κείμενο εδώ.