Structural economic dynamics in actual industrial economies
نویسندگان
چکیده
Despite the tight articulation between Pasinetti’s natural economic system and measurable inter-industry magnitudes, contributions inspired by his framework of structural dynamics have either focused on analytical developments or empirically implemented some its features in isolation. To bridge gap theory empirics, this paper introduces a computable formulation dual prices quantities, including configuration, starting from set accounting identities. The properties are discussed, using logical structure closed Input–Output model. By articulating dataset collating different OECD databases, scheme is to explore six advanced industrial economies 1995 2015. In particular, we quantify required injection close country’s unemployment via public intervention, use configuration economy relate evolution demand, productivity, wages general price level, compare emerging trends job creation displacement across countries hyper-integrated sectors.
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ژورنال
عنوان ژورنال: Structural Change and Economic Dynamics
سال: 2023
ISSN: ['0954-349X', '1873-6017']
DOI: https://doi.org/10.1016/j.strueco.2023.01.001