Arbeitspapier
Income differences and input-output structure
We consider a multi-sector general equilibrium model with IO linkages, sector-specific productivities and tax rates. Using tools from network theory, we investigate how the IO structure interacts with productivities and taxes in the determination of aggregate income. We show that aggregate income is a simple function of the first and second moments of the distribution of the IO multipliers, sectoral productivities and sectoral tax rates. We then estimate the parameters of the model to fit their joint empirical distribution. Poor countries have more extreme distributions of IO multipliers than rich economies: there are a few high-multiplier sectors, while most sectors have very low multipliers; by contrast, rich countries have more sectors with intermediate multipliers. Moreover, the correlations of these with productivities and tax rates are positive in poor countries, while being negative in rich ones. The estimated model predicts cross-country income differences extremely well, also out-of-sample. Finally, we perform a number of counterfactuals and compute optimal tax rates.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper Series ; No. 15-11
- Klassifikation
-
Wirtschaft
Macroeconomic Analyses of Economic Development
Industrialization; Manufacturing and Service Industries; Choice of Technology
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Input-Output Models
Network Formation and Analysis: Theory
- Thema
-
input-output structure
networks
productivity
cross-country income differences
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fadinger, Harald
Ghiglino, Christian
Teteryatnikova, Mariya
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Mannheim, Department of Economics
- (wo)
-
Mannheim
- (wann)
-
2015
- Handle
- URN
-
urn:nbn:de:bsz:180-madoc-396276
- Letzte Aktualisierung
-
20.09.2024, 08:21 MESZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fadinger, Harald
- Ghiglino, Christian
- Teteryatnikova, Mariya
- University of Mannheim, Department of Economics
Entstanden
- 2015
Ähnliche Objekte (12)
Income differences and input-output structure
Input-Output OOMs
Relations Input-Output
Data input/output
Decomposing the Induced Income Changes in Input-Output Models
Input-Output Methods in Forecasting
What is input output logic? : input/output logic, constraints, permissions
HYBRID INTERREGIONAL INPUT-OUTPUT CONSTRUCTION METHODS: APPLIED TO THE SEVEN REGION SPANISH INPUT-OUTPUT TABLE
Technology-intensive industries - Input-output analysis
Metropolitan Multiregional Input-Output Modelling Framework
Supply-Use and Input-Output Tables
Technology adoption in input-output networks
Income differences and input-output structure
Input-Output OOMs
Relations Input-Output
Data input/output
Decomposing the Induced Income Changes in Input-Output Models
Input-Output Methods in Forecasting
What is input output logic? : input/output logic, constraints, permissions
HYBRID INTERREGIONAL INPUT-OUTPUT CONSTRUCTION METHODS: APPLIED TO THE SEVEN REGION SPANISH INPUT-OUTPUT TABLE
Technology-intensive industries - Input-output analysis
Metropolitan Multiregional Input-Output Modelling Framework
Supply-Use and Input-Output Tables
Technology adoption in input-output networks
Income differences and input-output structure
Input-Output OOMs
Relations Input-Output
Data input/output
Decomposing the Induced Income Changes in Input-Output Models
Input-Output Methods in Forecasting
What is input output logic? : input/output logic, constraints, permissions
HYBRID INTERREGIONAL INPUT-OUTPUT CONSTRUCTION METHODS: APPLIED TO THE SEVEN REGION SPANISH INPUT-OUTPUT TABLE
Technology-intensive industries - Input-output analysis
Metropolitan Multiregional Input-Output Modelling Framework
Supply-Use and Input-Output Tables