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Dissecting the Input-Output Structure of the Greek Economy

Theodore Mariolis (), Eirini Leriou and George Soklis

MPRA Paper from University Library of Munich, Germany

Abstract: Using input-output table data and a system of basic and derivative indices, the analysis in this paper provides a dissection of the Greek economy for the years 2005 and 2010. The findings suggest that: (i) the structural features of the economy have been shaped well before the emergence of the so-called Greek (or PIIGS) crisis; (ii) a well-targeted effective demand management policy could be mainly based on the service and primary production sectors; and (iii) industrial policy would be necessary and could primarily focus on nine highly import-dependent commodities of the industry sector. Therefore, it seems that a change in the intersectoral structure of the Greek economy is necessary.

Keywords: Domestic and foreign value added; Greek economy; Industrial policy; Interindustry linkages and leakages; Management of effective demand; Structural transformation (search for similar items in EconPapers)
JEL-codes: C67 D57 E61 F14 O25 (search for similar items in EconPapers)
Date: 2018-06-25
New Economics Papers: this item is included in nep-eec, nep-hme and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Journal Article: Dissecting the Input-Output Structure of the Greek Economy (2019) Downloads
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