Analysis for the National Economies Based on Aggregated Input-Output Models

Vasyl Grygorkiv, Andrii Verstiak, Mariia Grygorkiv

Abstract


The paper is devoted to the issues of aggregating static input-output models and the usage of appropriate aggregate models in macroeconomic analysis, in particular to compare the aggregated performances of economies of different countries or regions. Investigating economic systems the Input-Output models allow to detect and substantiate the proportions and disproportions in the economy at the different levels of aggregation, and to investigate the sectoral structure of the economies reflected in this paper.

Keywords


aggregating; economics; pricing; intersectoral balanced models; input-output model; linear models; country comparison; cross-country analysis

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DOI: http://dx.doi.org/10.13165/IE-14-8-1-13

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"Intellectual Economics" ISSN online 1822-8038 / ISSN print 1822-8011