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Input-Output Networks and Growth Performances across Countries

Alper Duman () and Gul Ertan Ozguzer

No 1504, Working Papers from Izmir University of Economics

Abstract: This paper investigates the relationship between economic growth performances of countries and their structural input-output network characteristics. We employ a new centrality measure developed by Blöchl et al. (2011) for directed networks with self-loops to determine sectoral heterogeneities in IO tables of 33 OECD countries over the period 1995-2011. Relating the gini indices of these centrality measures to output growth reveals that countries with less heterogenous IO networks tend to grow faster. Such finding implies a key role for the inter-linkages across sectors in economic growth, and underlines the importance of designation of sectoral policy measures to counteract heterogeneity of IO networks.

Keywords: input-output tables; networks; centrality; economic growth; heterogeneity (search for similar items in EconPapers)
JEL-codes: C67 O50 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2015-11
New Economics Papers: this item is included in nep-hme and nep-net
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