KEY-SECTORS ATTRACTIVENESS OF THE GREEK ECONOMY: AN INPUT-OUTPUT APPROACH

Argyrios Kolokontes, Achilleas Kontogeorgos, Efstratios Loizou and Fotios Chatzitheodoridis

Applied Econometrics and International Development, 2018, vol. 18, issue 1, 35-54

Abstract: The Greek economy is in crisis and has lost a significant part of its welfare. In this situation, one of the most important issues for the economic policy is to create attractive investments’ opportunities in order to improve the employment rates and in general to increase the income. This paper, in the framework of a demand-driven Leontief Input-Output (I-O) model, combines indicators with backward characteristics like the conventional type I multipliers and elasticities, to point out the key sectors for the short-term and long-term development planning, taking into consideration the sectoral attractiveness and the range of the computed magnitudes per index.

Keywords: I-O analysis; Multipliers; Elasticities; Attractiveness; Net surplus; Net value added; Greece. (search for similar items in EconPapers)
JEL-codes: C67 E27 E61 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)

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