Hypothetical extraction and fields of influence approaches: integration and policy implications

Temurshoev Umed ()
Authors registered in the RePEc Author Service: Umed Temursho

EERC Working Paper Series from EERC Research Network, Russia and CIS

Abstract: We explicitly formulate (optimization) problems of finding a key sector and a key group of sectors within the framework of a hypothetical extraction method (HEM), and derive their solutions in terms of simple measures termed industries’ factor worths. It is shown that the top k 2 sectors with the largest total contributions to some factor, in general, do not constitute the key group of k sectors, the issue which is totally ignored in the input-output linkage literature. The link to the fields of influence approach is discovered, which gives an alternative economic interpretation for the HEM problems in terms of sectors’ input self-dependencies. Further, we examine how a change in an input coefficient affects the importance of an industry. Also the link of the key sector analysis to sociology, network economics and coalitional game literature is explored. The key group problem is applied to the Australian economy for factors of water use, CO2 emissions, and generation of profits and wages.

JEL-codes: A14 C67 D57 E64 O21 (search for similar items in EconPapers)
Date: 2009-11-06
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://eercnetwork.com/default/download/creater/w ... 2b1fdfdba42bd46e.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eer:wpalle:09/06e

Ordering information: This working paper can be ordered from
EERC Research Network, Russia and CIS, 92/94, Dmytrivska Str., suite 404, Kyiv, 01135 Ukraine
https://eercnetwork.com/paper

Access Statistics for this paper

More papers in EERC Working Paper Series from EERC Research Network, Russia and CIS EERC Research Network, Russia and CIS, 92/94, Dmytrivska Str., suite 404, Kyiv, 01135 Ukraine.
Bibliographic data for series maintained by Anton Pashchenko ().