Multi-sectoral Analysis Research Articles

Virtual Jungles

By making it possible for once dispersed individuals to communicate and cooperate online, the Internet has raised the importance of cybercommunities—informal, online collectivities that provide support by means of many-to-many communication—as an overlooked delivery system for the provision of public goods. The importance to public administration of these communities is discussed through multisectoral analysis. Existing case study-based research on the topic is empirically assessed by mapping the cyberuniverses of three issue areas discussed in that research. Although many of the findings of the existing research remain valid, the internal governance, and so the accountability and legitimacy, of cybercommunities are found to be weak. This raises serious questions about current understanding regarding the implications of online organization for public administration.

Recovering Hidden Indirect Tax Rates for Improved Calibration in Multisectoral Modelling

We explain in this work why a straight calibration to published input-output or SAM data in multisectoral modelling may lead to the use of an incorrect representation of the productive technology, hence casting doubts on the value of the empirical results. The culprit is the possible presence of indirect taxation in the form of, for instance, a value-added tax. We show how to unveil the hidden tax rates so as to clean up published data of this possibly distorting presence and therefore calibrate the correct production technology. This technology can then be used for multisectoral (i.e. CGE, input-output) analysis and simulations.

Bottlenecks and limits to growth: A multisectoral analysis of Italian industry

In this paper, we propose a multisectoral model with which to investigate bottlenecks in the branches of Italian industry and their macroeconomic impact. We make use of linear programming techniques, input–output data, and highly disaggregated measures of capacity utilization. Focusing on intersectoral transactions as shock transmission mechanism, our model is meant to offer insights on the overall relevance and effect of sector-specific supply bottlenecks, which cannot be provided by aggregate models. According to our results, in the period 1980–1995, several industrial sectors, which produce mainly intermediate goods — such as electric power, ferrous, and nonferrous ores and metals, nonmetallic mineral products, paper and printing, and rubber and plastic — experienced binding supply constraints. We simulate the model and provide estimates of the impact on aggregate output and import growth, which turns out to have been quite significant.

Answers (and Questions) for Sraffians (and Kaleckians)

Steedman's ‘Questions for Kaleckians’ is rightly critical of the lack of attention paid by Kaleckian economists to the input-output nature of production. However, his conclusions about Kaleckian mark-up pricing and the irrelevance of dynamics are incorrect, for three reasons. First, his rendition of a Kaleckian model with constant mark-ups is only conditionally stable. Secondly, there is ample evidence that Kaleckian mark-ups should vary inversely with sectoral profitability. Thirdly, given variable mark-ups, and the other factors which must be considered in a general multisectoral dynamical analysis of capitalism, it is almost inevitable that the fixed points of such a system will be unstable. Long-run conditions are therefore not equilibrium ones, and limitations on mark-ups, etc, derived from equilibrium analysis are not applicable. The Kaleckian focus upon the process of price setting is therefore justified in both the short and long term, although this analysis should, as Steedman asserts, be carried out in the context of explicitly multisectoral models.

Formation of Price and Cost Inflation Expectations in British Manufacturing Industries: A Multi-Sectoral Analysis

The process by which agents form expectations on price and cost inflation is investigated. Measures of expectations of these series, derived from qualitative survey responses in nine industrial sectors covering U.K. manufacturing between 1972 and 1989, are described, and the rationality of these expectations tested. Rationality is not rejected in many sectors and the evidence against rationality much weakened in other sectors, if tests take into account a particular form of conversion error. The possible effect of aggregation bias in the tests is noted, as rationality is rejected with more confidence with aggregated data than when the sectoral data is considered individually. Copyright 1994 by Royal Economic Society.

Sectoral balance in development: A survey

This paper surveys the literature on sectoral balance to see how sectoral imbalances can retard economic development. It examines definitions of sectors and balance, provides background facts, theories and planning tools, reviews the debate on balanced growth, and surveys two- sector models of agriculture-industry, consumption-investment and luxury-basics interaction, the open economy, and the role of service, nonmarket and unproductive sectors. It argues that the examination of important development issues requires multisectoral analysis incorporating the insights of several of these models, and that alternative models with different structural characteristics deserve attention.

A Multi-Sectoral Analysis of Feed Grain Exports in the Cornbelt Economy

A Multi-Sectoral Analysis of Feed Grain Exports in the Cornbelt Economy

Non-Traded Goods and Comparative Advantage: A Multisectoral Analysis of Trade Policy in Australia

Non-Traded Goods and Comparative Advantage: A Multisectoral Analysis of Trade Policy in Australia

Book Review: The Canadian-United States Tariff and Canadian Industry: A Multisectoral Analysis

Book Review: The Canadian-United States Tariff and Canadian Industry: A Multisectoral Analysis

The Canadian-United States Tariff and Canadian Industry: A Multisectoral Analysis

The Canadian-United States Tariff and Canadian Industry: A Multisectoral Analysis

A Multi-Sectoral Analysis of Consumer demand in the Post-War Period

A Multi-Sectoral Analysis of Consumer demand in the Post-War Period

A Multisectoral Analysis of Capital Requirements for Development Planning in Pakistan

Dynamic models of interdependence are being widely used to analyse planning problems in underdeveloped countries. Basic to such models are complex sets of technico-economic data of which input-output coefficients and capital coefficients are crucial elements. As the results obtained from these models are, of course, dependent upon such data, we think it useful to give some attention to methods of estimating technical coefficients and to the nature of the technical coefficients themselves. In the present paper we explain how sets of capital coefficients have been obtained on a multisectoral basis for the two regions of the Pakistan economy, and we analyse the economic structure which these coefficients reveal. Elsewhere[15] we have presented regional input-output matrices for Pakistan. Both this paper and the input-output paper are parts of work directed toward providing a comprehensive and consistent set of data for multisectoral regional planning in Pakistan. In this work we use a 35-sector classification of the economy —see Table I—and work in purchasers' prices for the year 1962/63...

Equilibrium, Stability and Growth: A Multi-Sectoral Analysis.

Equilibrium, Stability and Growth: A Multi-Sectoral Analysis.

Equilibrium Stability and Growth. A Multi-sectoral Analysis.

Equilibrium Stability and Growth. A Multi-sectoral Analysis.