engleski

Input-output approach for measuring total economic effects of productive sectors in Croatia

The most common approach of quantitative macroeconomic analysis that quantifies direct, indirect and induced effects of certain sectors of interest to the national economy is input- output analysis. In this paper direct, indirect and induced effects of productive sectors to the Croatian economy in terms of output and employment for the year 2010 are quantified. To quantify direct and indirect effects of certain productive sector, open input-output model, where final consumption is considered as an exogenous variable, is used. Induced effects are quantified by using closed input-output model, model where some components of final consumption, mainly households, are considered as an endogenous variables. Based on the input- output approach, output multipliers type I and type II and employment multipliers type I and type II for all Croatian productive sectors are quantified. Productive sectors with the highest output multipliers type I and type II are sectors that have high share of domestic intermediate products, i.e. sectors: Travel agency, tour operator and other reservation services, Other transport equipment and Air transport services. The highest number of employees per 1 million of HRK delivered final goods and services was recorded in sectors: Products of agriculture, hunting and related services, Postal and courier services and Social work services. Productive sector with the lowest number of jobs directly or indirectly related to deliveries of final products worth 1 million HRK was sector Imputed rents of owner-occupied dwellings.

employment multipliers ; input-output analysis ; output multipliers ; productive sectors

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