This paper aims to complement work done within the WIOD project (the 'World Input Output Database' project financed by the EU's Seventh Framework Programme), which compiled supply and use tables for 40 countries, covering about 85% of the world economy. The paper describes the derivation of...

Trade asymmetry is a well-known fact and there are extensive reports and literature about the causes for those asymmetries. There is also a recognised effort made by trade statisticians to mitigate trade asymmetry over time. Notwithstanding the positive achievements that have been made so far,...

Trade asymmetry is a well-known fact and there are extensive reports and literature about the causes for those asymmetries. There is also a recognised effort made by trade statisticians to mitigate trade asymmetry over time. Notwithstanding the positive achievements that have been made so far,...

The paper investigates the possibility of constructing a new measurement for analysing international fragmentation of the production process. It asserts that the current usage of relevant data, whether the trade shares of parts and components or the index of Vertical Specialisation, is quite...

This paper presents a satellite account in which investment in human capital is considered as a produced product/asset. It is not the education sector but the individual person taking education or training/courses that is the genuine producer of human capital. The former only provides education...

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....

This paper estimates the ‘static Sraffian multiplier’ for the Greek economy using data from the Supply and Use Table for the year 2010. It is found that (i) an effective demand management policy could be mainly based on the service sector; and (ii) the whole economic system, and especially...

This paper reviews the available methods used to convert Supply and Use Tables of actual economic systems to Symmetric Input-Output Tables. It is argued that all conversion methods rest on the unrealistic assumption that single production, and not joint production, characterizes the economic...

The role and intensity of knowledge within an economy remains a key success factor for long-term economic growth, increased productivity, competitiveness and socio-economic sustainability. These challenges are particularly important for emerging economies that are yet to catch up frontier...