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Štruktúrna dekompozícia globálnych hodnotových reťazcov: slovenská ekonomika v medzinárodnom porovnaní

Structural Decomposition of Global Value Chains: Slovak Economy in an International Context

Martin Lábaj ()

Politická ekonomie, 2017, vol. 2017, issue 5, 562-582

Abstract: The intensification of globalization and fragmentation of production processes requires new approaches that allow as us capture complex linkaged between industries and national economies. In this article, we show how input-output analysis based on World input-output tables can be employed to analyze the complex relations in the economy. Using structural decomposition analysis, we analyze the sources of value added and employment changes in choosen countries in pre-crisis period. We show the importance of trade with intermediate goods and participation in global value chains on value added and employment creation.

Keywords: Structural Decomposition; Slovak economy; global value chains; input-output model (search for similar items in EconPapers)
JEL-codes: C67 F14 R15 (search for similar items in EconPapers)
Date: 2017
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