VÝVOJ SLOVENSKEJ EKONOMIKY V ROKOCH 2008 A 2009 Z POHĽADU INPUT-OUTPUT ANALÝZY

• Authors: Lábaj Martin

Title variants

EN

Development of the Slovak economy in 2008 and 2009 from the perspective of input-output analysis

• Languages of publication: SK

Abstracts

EN

Economic recession in the world economy in 2008 – 2009 influenced the development of the Slovak economy very rapidly. Even though we can identify some general tendencies in the national economy, the impact of worldwide economic recession differs across industries in its strength and timing. In this article we try to reveal the direct and indirect dependencies of particular industries on foreign and domestic demand as well as the indirect effects of changes in sectoral structure of the final demand on the Slovak economy. We use Open Static Leontief Model and Structural decomposition analysis to analyse the changes in production, value added and employment between 2009 and 2008. We have decomposed these changes into the contribution of changes in direct coefficients, production structure, final demand structure, sectoral final demand structure and volume of final demand.

Keywords

EN

LEONTIEF MODEL; STRUCTURAL ANALYSIS; INPUT-OUTPUT ANALYSIS; SLOVAK ECONOMY; STRUCTURAL DECOMPOSITION ANALYSIS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2013
• Volume: 61
• Issue: 10
• Pages: 994 – 1010

Contributors

author

Lábaj Martin

• Ekonomický ústav SAV, Šancová 56, 811 05 Bratislava, Slovak Republic