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
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.
Year of publication: |
2018
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Authors: | Mariolis, Theodore ; Ntemiroglou, Nikolaos ; Soklis, George |
Published in: |
Journal of economic structures : JES; the official journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS). - Heidelberg : SpringerOpen, ISSN 2193-2409, ZDB-ID 2679924-8. - Vol. 7.2018, 18, p. 1-20
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Subject: | Joint production | Management of effective demand | Matrix multipliers | Southern Eurozone economies | Supply and Use Tables | Kuppelproduktion | Griechenland | Greece | Multiplikator | Multiplier | Input-Output-Analyse | Input-output analysis | Eurozone | Euro area | Spanien | Spain | Theorie | Theory |
Saved in:
freely available
Type of publication: | Article |
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Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
Language: | English |
Other identifiers: | 10.1186/s40008-018-0116-0 [DOI] hdl:10419/194923 [Handle] |
Classification: | C67 - Input-Output Models ; D57 - Input-Output Analysis ; E11 - Marxian; Sraffian; Institutional; Evolutionary ; E12 - Keynes; Keynesian; Post-Keynesian ; E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10011883039