Sectoral productivity in Hungarian economy: an input-output linkages approach
With the pace of economic development, many changes exist on production and consumption side. The study attempts to re-investigate the production structure change in Hungarian economy by ranking sectors. We used the latest input-output table for 2011 available by OECD. The study employed the Leontie...
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doaj-f82d9523814149779aa03373c71cd04f2020-11-24T21:40:09ZengIEECAJournal of Eastern European and Central Asian Research2328-82722328-82802019-11-016234435510.15549/jeecar.v6i2.318318Sectoral productivity in Hungarian economy: an input-output linkages approachTahira Yasmin0Ghaleb A. El Refae1Shorouq Eletter2Al Ain University, UAE.Al Ain University, Al Ain, UAE.Al Ain University, UAEWith the pace of economic development, many changes exist on production and consumption side. The study attempts to re-investigate the production structure change in Hungarian economy by ranking sectors. We used the latest input-output table for 2011 available by OECD. The study employed the Leontief model for demand side for forward linkages indices, while supply side for backward linkages indices to examine the ranking sectors structure changes. Findings has shown that on demand and supply side key sectors stand as prominent sectors such as manufacturing, metals, wholesale and retail trade and telecommunications. New evidence is found that Hungary economy need to have careful planning in order to attract FDI as hub of investment. There is also utmost importance to promote education to have human capital in order to meet long term challenges. Lastly, country still have high global competitiveness which shed light on its new economic policies as readiness towards technical innovation, successful market place and specialization process.https://ieeca.org/journal/index.php/JEECAR/article/view/318input-output modelbackward linkagesforward linkageskey sectorscompetitiveness. |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Tahira Yasmin Ghaleb A. El Refae Shorouq Eletter |
spellingShingle |
Tahira Yasmin Ghaleb A. El Refae Shorouq Eletter Sectoral productivity in Hungarian economy: an input-output linkages approach Journal of Eastern European and Central Asian Research input-output model backward linkages forward linkages key sectors competitiveness. |
author_facet |
Tahira Yasmin Ghaleb A. El Refae Shorouq Eletter |
author_sort |
Tahira Yasmin |
title |
Sectoral productivity in Hungarian economy: an input-output linkages approach |
title_short |
Sectoral productivity in Hungarian economy: an input-output linkages approach |
title_full |
Sectoral productivity in Hungarian economy: an input-output linkages approach |
title_fullStr |
Sectoral productivity in Hungarian economy: an input-output linkages approach |
title_full_unstemmed |
Sectoral productivity in Hungarian economy: an input-output linkages approach |
title_sort |
sectoral productivity in hungarian economy: an input-output linkages approach |
publisher |
IEECA |
series |
Journal of Eastern European and Central Asian Research |
issn |
2328-8272 2328-8280 |
publishDate |
2019-11-01 |
description |
With the pace of economic development, many changes exist on production and consumption side. The study attempts to re-investigate the production structure change in Hungarian economy by ranking sectors. We used the latest input-output table for 2011 available by OECD. The study employed the Leontief model for demand side for forward linkages indices, while supply side for backward linkages indices to examine the ranking sectors structure changes. Findings has shown that on demand and supply side key sectors stand as prominent sectors such as manufacturing, metals, wholesale and retail trade and telecommunications. New evidence is found that Hungary economy need to have careful planning in order to attract FDI as hub of investment. There is also utmost importance to promote education to have human capital in order to meet long term challenges. Lastly, country still have high global competitiveness which shed light on its new economic policies as readiness towards technical innovation, successful market place and specialization process. |
topic |
input-output model backward linkages forward linkages key sectors competitiveness. |
url |
https://ieeca.org/journal/index.php/JEECAR/article/view/318 |
work_keys_str_mv |
AT tahirayasmin sectoralproductivityinhungarianeconomyaninputoutputlinkagesapproach AT ghalebaelrefae sectoralproductivityinhungarianeconomyaninputoutputlinkagesapproach AT shorouqeletter sectoralproductivityinhungarianeconomyaninputoutputlinkagesapproach |
_version_ |
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