Journal of Economic Structures

http://link.springer.com/journal/40008

List of Papers (Total 149)

Internet usage, innovation and human development nexus in Africa: the case of ECOWAS

Internet usage and the sporadic rise in the level of innovations have been major drivers of human progress in the last decades. These leaps in human intelligence have affected almost every area of human endeavour including education, health, finance, commerce, political engagement, and so on. With the United Nations’ Sustainable Development Goals (SDGs), the Economic Community of...

The growth of the Japanese black tea market: how technological innovation affects the development of a new market

This paper studies the birth of the market for Japanese black tea, its decline, and its rebirth. Currently, the black tea consumed in Japan is mostly imported. But the production of Japanese black tea has gradually increased, and more than 200 tons was produced in 2016. We investigate the history of Japanese black tea, the use of manufacturing technology, and the components of...

A reassessment of external demand’s contribution to Malta’s economic growth

The role of external demand in determining economic growth has undoubtedly increased as a result of globalisation. However, the conventional approach used to assess the contribution to growth of exports diminishes the positive influence of higher foreign demand by attributing to it the entire increase in a country’s import bill. Given that other components of GDP have significant...

Carbon intensity and emission reduction potential in China: spatial measuring method

This paper analyzes the spatial and temporal distribution of CO2 emissions intensity and energy intensity in China by using spatial measuring method from 2000 to 2013 and estimates the potential for CO2 emissions reduction. The results obtained in this study include: (1) Both CO2 emissions intensity and energy intensity are declining; (2) the spatial distribution of carbon...

Predictive factors to avoid farming as a livelihood

Farming in India is experiencing a structural change leading to a crisis. The growth rate of agricultural output is steadily declining in recent years. The relative contribution of the farming sector to the total GDP has been decreasing over time increasingly. The present study was conducted in Ahmedabad district of Gujarat, India. Total 100 agricultural landholders from 20...

Wage versus currency devaluation, price pass-through and income distribution: a comparative input–output analysis of the Greek and Italian economies

Using input–output data from Symmetric Input–Output Tables for the year 2010 and relevant price models, this paper provides empirical estimations of medium- and long-run effects of wage and currency devaluations on international price competitiveness and income distribution for two ‘PIIGS economies’, i.e. Greece and Italy. The findings reveal certain differentiated socio...

Innovation, total factor productivity and economic growth in Pakistan: a policy perspective

The objective of this study is to endorse the driving factors behind total factor productivity (TFP) and economic growth in Pakistan. Pakistan’s average growth rate is 5% for last few decades, and although this growth level is satisfactory, Pakistan faced several formidable challenges yet. The economic growth has been determined mainly through labor-intensive technology and...

Analyzing the effects of the choice of model in the context of marginal changes in final demand

Literature on the choice of model for deriving an input–output table (IOT) from a pair of supply–use tables (SUTs) has focused on the consequences for the IOT and the Leontief inverse. Analyzing the technology and fixed sales structure transformation models and their applications involving impact analysis and multipliers of factor inputs or environmental extensions, we prove that...

Scenario input–output analysis on the diffusion of fuel cell vehicles and alternative hydrogen supply systems

Ratifying the Paris Climate Change Agreement of 2015, which is the new framework for global environmental measures for change after 2020 onward, Japan is proposing to reduce its greenhouse gas emissions by 26% by 2030 from 2013 levels. To achieve this target, it is indispensable to transcend the current fossil-fuel-based technologies (petroleum, coal, and natural gas) and shift...

An empirical analysis of the determinants of cocoa production in Cote d’Ivoire

Cote d’Ivoire has been at the helm of cocoa production for more than 3 decades. Despite being fraught by occasional challenges, she is still poised to steer the global cocoa production rudder. To keep the mantle of, we investigate and analyse some determinants that influence cocoa shortage in Cote d’Ivoire. Employing an ARDL using time series data for a 33-year period, we...

Budget deficit and inflation nexus in Uganda 1980–2016: a cointegration and error correction modeling approach

BackgroundOne of the principal goals of monetary policy pursued by Central Banks worldwide is virtually price stability. Understanding inflationary dispositions and its determinants is therefore a critical issue from the monetary authorities, scholars and the policy makers viewpoint. The purpose of this paper is to investigate the budget deficit and inflation nexus for Uganda for...

Balancing and reconciling large multi-regional input–output databases using parallel optimisation and high-performance computing

Over the past decade, large-scale multi-regional input–output (MRIO) tables have advanced the knowledge about pressing global issues. At the same time, the data reconciliation strategies required to construct such MRIOs have vastly increased in complexity: large-scale MRIOs are more detailed and hence require large amounts of different source data which are in return often...

Internet and the structure of public revenue: resource revenue versus non-resource revenue

This paper examines whether the Internet has led to a shift from reliance on resource revenue towards progressive reliance on non-resource revenue, which is ultimately a sustainable source of public revenue. The analysis has been carried out using a sample of 99 countries, including both developed and developing countries, over 1995–2015. Empirical results obtained from the use...

Implementing hybrid LCA routines in an input–output virtual laboratory

Hybrid life cycle assessment (LCA) has been developed for almost 40 years, but its applications are still limited to certain products/industries. This study endeavors to expand the accessibility of hybrid LCA from specialists to practitioners by developing a streamlined and semi-automated hybrid LCA data compilation routine in an input–output virtual laboratory. Data from the...

Monetary policy and business cycle fluctuations of the Lebanese economy

The aim of this paper is to analyze how aggregate activity in Lebanon fluctuates with regard to recurrent shocks. The research starts by identifying the Lebanese economic business cycle from the first quarter of 1998 to the fourth quarter of 2015 adopting a statistical method. Furthermore, this research studies the relationship between the capacity utilization rate and the...

A modular bottom-up approach for constructing physical input–output tables (PIOTs) based on process engineering models

Physical input–output tables (PIOTs) were first conceptualized in the 1990s but have not been widely adopted. However, with the increased emphasis on building a circular economy and understanding the resource nexus, PIOTs will become critical for optimizing resource flows and restructuring economies to close material loops. This necessitates a focus on improved methodologies for...

SAFTA and AFTA: a comparative welfare analysis of two regional trade agreements

The gravity model is one of the most successful empirical models in economics to evaluate the effects of several factors on international trade or bilateral trade flows. Many factors that are related to trade barriers can influence the bilateral trade between two countries. Regional trade agreements (RTAs) are important factors, which can pave the path of bilateral trades. In...

Performance of Brazilian total factor productivity from 2004 to 2014: a sectoral and regional analysis

This paper aimed to study the behavior of Brazilian productivity between 2004 and 2014 and its impact on growth in a disaggregated analysis. To this end, performance was studied by examining the measurement of total factor productivity and was also based on sectoral and regional aggregation in an attempt to verify which sectors and regions contributed most to the low aggregate...

Health, inequality and income: a global study using simultaneous model

A simultaneous three-equation model is specified between GDP per capita (GDPc) level, infant mortality rate and health expenditures for 194 countries from 1990 to 2014. GMM-2SLS estimation results indicate that simultaneous decreasing infant mortality rate and increasing GDPc level effects are found in sample with three income level country groups. Health expenditures have larger...

Impacts of environmental conservation programs on regional economic structural change in Guizhou, China, from 2002 to 2012: an input–output analysis

In 1999, the Grain to Green Program (GTGP) was initiated in China as payment of ecosystem service and the largest land conservation program. This paper evaluates the impact of this conservation program on the regional economic structural change in Guizhou Province. We generate the agriculture-based regional input–output tables of 2002, 2007 and 2012. The production and employment...

Implementing exogenous scenarios in a global MRIO model for the estimation of future environmental footprints

After the publication of various multi-regional input–output (MRIO) databases over the past years and related environmental and socio-economic footprint analyses, the interest in these global value chain analyses is ever increasing. In order to provide forward-looking analysis of policy impacts, it is necessary to take MRIO data one step further, projecting them into the future...

Functional trinity of public finance in an emerging economy

Two challenges in the literature have inspired this paper. First, the highly contradictory puzzle of debates on the “public budget–economic growth” correlation, explainable in great measure by the inadequacy of involved modeling tools (assumptions and specifications) with studied samples. Regarding this issue, the paper proposes three temporal scales of analysis: (1) the global...

The static demand multipliers in a joint production framework: comparative findings for the Greek, Spanish and Eurozone economies

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...

The effects of external shocks on the Korean economy: CGE model-based analysis

The trend of low commodity prices looks to continue. Such a trend will affect small open economies that are heavily commodity import dependent, such as the economy of South Korea. Hence, it is of interest to see how the economy would have performed differently with changes in the imported commodity price. In order to systematically investigate this effect, this paper utilizes the...