Public sector projects in Iran are inefficiently carried out for reasons of mismanagement and poor prioritization. This problem may arise from the lack of a generally accepted social discount rate for project ...
Authors: Arian Daneshmand, Esfandiar Jahangard and Mahnoush Abdollah-Milani
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 ...
This paper uses the input–output analysis to investigate the impact of Japan’s outward foreign direct investment (FDI) on domestic production and employment in the manufacturing industry. With the expansion of...
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 ...
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 ...
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...
Authors: Thais Andreia Araujo de Souza and Marina Silva da Cunha
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 s...
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 ...
This paper measures the metafrontier total-factor energy efficiency (TFEE) of 47 regions in Japan for the period 1996–2008, using the stochastic frontier analysis (SFA). The two-step output-oriented SFA approa...
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 analy...
Authors: Kirsten Svenja Wiebe, Eivind Lekve Bjelle, Johannes Többen and Richard Wood
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 o...
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 Souther...
Authors: Theodore Mariolis, Nikolaos Ntemiroglou and George Soklis
This study discusses a DEA approach for environmental assessment. The proposed approach examines a level of simultaneous achievement on economic prosperity and environmental protection, so measuring the level ...
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 s...
Environmentally extended input–output analysis (EEIOA) can be applied to assess the economic and environmental implications of a transition towards a circular economy. In spite of the existence of several such...
Authors: Glenn A. Aguilar-Hernandez, Carlos Pablo Sigüenza-Sanchez, Franco Donati, João F. D. Rodrigues and Arnold Tukker
This note presents a method to decompose life cycle inventories derived from integrated and mixed-unit hybrid life cycle assessment. The approach extends the decomposition method described by Wiedmann (Econ St...
The construction industry contributes around 18% of greenhouse gas emissions, 40% of depletion of natural resources, and 25% of wastes globally. To reduce these impacts, construction industries can adopt low-c...
Authors: Soo Huey Teh, Thomas Wiedmann and Stephen Moore
This paper empirically examines how wage growth in Turkey has been influenced by workdays lost to strikes, by inflation and by real GDP through the vector autoregression model for the annual period 1963–2015. ...
Consistency with detailed national data is an important challenge when using multi-regional input–output (MRIO) tables for carbon footprint analysis at the national level. This article presents carbon footprin...
Authors: Caroline Hambÿe, Bart Hertveldt and Bernhard Michel
Generally, trade policies exclude provision for predictability and accountability as transparency measures and facilitates trade consensus that enhance market access, reduce trading costs, and promote cooperat...
Authors: Rosalyn Perkins, Mary Caroline Castaño and Condrad Montemayor
This article is concerned with disequilibrium regime switching model to capture different regimes in the US gasoline markets. The purpose is to illustrate potential regimes in gasoline market. Following a sugg...
This study investigates the problem of exhaustible resources using a dynamic input–output model with classical features. Following past research on the topic, further reconciliation can be made between the ana...
This study describes a structural decomposition analysis (SDA) of Japanese greenhouse gas (GHG) emissions from 1990 to 2005, focusing on four linkage structures in the Leontief inverse representing supply chai...
Authors: Ryoko Morioka, Keisuke Nansai and Koji Tsuda
This study proposes a new use of data envelopment analysis (DEA) for assessing economic success and environmental protection, so measuring the level of sustainability. The new approach is referred to as “DEA e...
The Trans-Pacific Partnership is the most comprehensive trade agreement in the world. The TPP will help deepen Canada’s trade ties in the dynamic and fast growing Asia-Pacific region while strengthening existi...
Authors: Kakali Mukhopadhyay and Paul J. Thomassin
In order to address the serious water shortage problem in northern China, China has launched the South-to-North Water Diversion Scheme, which is a large-scale inter-basin water diversion project. With Beijing ...
The increasing inconsistency in the Turkish economy gave rise to transformations necessitated by the manner of its growth and technological changes. Between 1923 and 1962, the Turkish economy was based on agri...
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is one of the recently negotiated multilateral free trade agreements which aims to establish a free trade agreement between 11 ...
Authors: Muhammad Aamir Khan, Naseeb Zada and Kakali Mukhopadhyay
Since 2010, China has changed its position in the world grain market from a net exporter to a net importer. The total grain trade deficit was $420 million in 2010. However, the increasing grain import contradi...
Authors: Kakali Mukhopadhyay, Paul J. Thomassin and Jingyuan Zhang
Since the 2003 launch of the Visit Japan Campaign by Tourism Agency, the number of foreign visitors to this nation has climbed significantly, reaching 19.7 million people in 2015, a number 3.8 higher than 2003...
This paper sheds light on the increase in generation of non-metallic mineral wastes and the decrease in demand for construction by investigating the material flow resulting from and the economic influence of c...
Authors: Hasegawa Ryoji, Hirofumi Nakayama and Takayuki Shimoaka
Accurate statistical data are essential to a credible and cogent empirical analysis. However, there currently is no mature and specialized methodology to evaluate the accuracy of input–output (IO) data. This r...
Matrix updating methods are used for constructing the target matrix with the prescribed row and column marginal totals that demonstrates the highest possible level of its structural similarity to initial matri...
In the absence of a global agreement to reduce emissions, Australia adopted a carbon tax unilaterally to curb its own emissions. During the debate prior to passing the carbon tax legislation in 2011, there wer...
Authors: Mahinda Siriwardana, Sam Meng and Judith McNeill
Processing trade in China has been prevalent, despite rapid economic growth and consequent structural changes. This study examines the role of the processing trade, especially as it relates to exports producti...
After much debate, many academic circles have concluded that under the right circumstances, infrastructure stocks may be a promoter for growth. This paper benchmarks Mexico’s infrastructure quantity stocks and...
The gap between demand for and supply of food in Ethiopia can be reduced by improving farm productivity through the introduction of productivity-enhancing technologies. Conversely, in Ethiopia, the adoption ra...
Authors: Musa Hasen Ahmed, Kassahun Mamo Geleta, Aemro Tazeze, Hiwot Mekonnen Mesfin and Eden Andualem Tilahun
This work analyzes the phenomenon of premature deindustrialization for Colombia and for other seven Latin American countries. Through a Koyck transformation model for the Colombian case, and a panel data fixed...
This paper examines the relationship between mega-regional trade Agreements and diet-related health given that such Agreements aim to liberalize “substantially all trade and investment” that could potentially ...
For a more diversified export structure and a better distribution of domestic income in Cambodia, agriculture and agro-industry have been specified as export potentials. While empirical impact studies within t...
Due to its long-term negative health effects and increasing emissions, the PM2.5 issue has caused rising concerns in recent years. Although official media from East Asian countries tend to avoid blaming PM em...
This study mainly aims to provide an inter-industry analysis through the subdivision of various industries in flow-of-funds (FOF) accounts. Combined with the Financial Statement Analysis data from 2004 and 2005,...
The Trans Pacific Partnership was set to be the world's largest and most comprehensive FTA linking 12 countries on both sides of the Pacific. In a major turnaround, late January 2017, USA-one of the major trad...
Authors: Paramita Dasgupta and Kakali Mukhopadhyay
The chaebol, a South Korean form of business conglomerate, has been a key factor in the country’s economic growth. In this study, the chaebol sector is added to the asset–liability matrix derived from a flow-of-f...
The Trans-Pacific Partnership (TPP) agreement as originally announced in October 2015 was undoubtedly the largest regional trade accord in history and, if approved, could have set new terms for the nearly US ...
Studies on the rise of global value chains (GVCs) have attracted a great deal of interest in the recent economics literature. However, due to statistical and methodological challenges, most existing researches...
Motivated by both the need to model recent structural economic changes and the need to understand better the nature of environmental–economic interactions, this paper introduces a continuous-time regional econ...
Authors: Kieran Donaghy, Clifford R. Wymer, Geoffrey J. D. Hewings and Soo Jung Ha
This paper evaluates the impact of the structural and cohesion funds received by Spain in the period 2007–2013. The analysis is performed with a detailed computable general equilibrium (CGE) model calibrated w...
Authors: María Teresa Álvarez-Martínez and Clemente Polo
China’s exports can be divided into three types: processing trade, normal trade of goods, and normal trade of services. Based on China’s non-competitive input–output table that captures the processing trade, w...
The three-sector framework (relating to agriculture, manufacturing, and services) is one of the major concepts for studying the long-run dynamics of the economic structure. We summarize the empirical/theoretic...
