A Comparison between Traditional and Knowledge Input Output Tables

Ronald B. Davies and Guohao Yang

No 202402, Working Papers from School of Economics, University College Dublin

Abstract: Input-Output tables have become the workhorse data structure when considering global supply chains since, by definition, they measure how production in one countrysector is linked to that in another via trade in intermediate inputs. What traditional input-output tables miss, however, is the role of knowledge. In this paper, we use the well-knownWorld Input-Output Database and construct a corresponding “Knowledge” input-output dataset based on patenting information from PATSTAT. Thus, for 44 countries over 20 sectors for 15 years, we are able to compare linkages via intermediate goods to those created by patent citations. We illustrate that these two networks share strong similarities in terms of the size of activity and linkages yet important differences – most notably the interaction between Asia and the rest of the world – are found. We then conclude by illustrating the link between patents and a measure of intangible capital that can be constructed from the World Input-Output Database, a relation that is a function of tax haven status. This then suggests that there is a likely direct connection between the data found in the production data and those derived from the patent data.

Keywords: Input output table; Innovation; Networks; Centrality; Tax havens (search for similar items in EconPapers)
JEL-codes: F12 O33 O34 R12 (search for similar items in EconPapers)
Pages: 77 pages
Date: 2024-02
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10197/26185 First version, 2024 (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:ucn:wpaper:202402

Access Statistics for this paper

More papers in Working Papers from School of Economics, University College Dublin Contact information at EDIRC.
Bibliographic data for series maintained by UCD School of Economics ().