Input-Output Networks and Growth Performances across Countries
Alper Duman () and
Gul Ertan Ozguzer
No 1504, Working Papers from Izmir University of Economics
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
New Economics Papers: this item is included in nep-hme and nep-net
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Persistent link: https://EconPapers.repec.org/RePEc:izm:wpaper:1504
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