2019, Volume 72 - Issue 4
RSS feed citation: At RePEc
Publication date: 04 November 2019
THE SUPPLY CHAIN ECONOMY: HOW FAR DOES IT SPREAD IN SPACE AND TIME?Read the article
DISSECTING THE INPUT-OUTPUT STRUCTURE OF THE GREEK ECONOMY 2005-2010Read the article
TESTING FOR FINANCIAL MARKET INTEGRATION OF THE UAE MARKET WITH THE GLOBAL MARKETRead the article
DOES CORRUPTION HAMPER INWARD FDI IN SOUTH AFRICA FROM OTHER AFRICAN COUNTRIES? A GRAVITY MODEL ANALYSISRead the article
Theodore MARIOLIS, Panteion University, Department of Public Administration, Athens, Greece
Eirini LERIOU, Hellenic Open University, Athens, Greece
George SOKLIS, Hellenic Open University, and Panteion University, Department of Public Administration, Athens, Greece
Using input-output table data and a system of basic and derivative indices, the analysis in this paper provides a dissection of the Greek economy for the years 2005 and 2010. The findings suggest that: (i) the structural features of the economy have been shaped well before the emergence of the so-called Greek (or PIIGS) crisis; (ii) a well-targeted effective demand management policy could be mainly based on the service and primary production sectors; and (iii) industrial policy would be necessary and could primarily focus on nine highly import-dependent commodities of the industry sector. Therefore, it seems that a change in the intersectoral structure of the Greek economy is necessary.
C67, D57, E61, F14, O25
Domestic and Foreign Value Added, Greek Economy, Industrial Policy, Interindustry Linkages and Leakages, Management of Effective Demand, Structural Transformation
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