Efectos macroeconómicos de un aumento de la demanda de bienes y servicios de Tecnologías de la Información y Comunicación en España: la cuenta satélite de las Tecnologías de la Información y Comunicación 2005-2009

This study presents a simulation model, based on input-output techniques, using the Spanish satellite account on Information and Communications Technologies (ICT): CS-TIC 2005-2009, for calculating the direct, indirect and induced effects related to an increase in final demand in ICT goods and services. The macroeconomic effects of the implementation of new ICT industries are determined, as well as to analyze import substitution for domestic production of ICT goods. The main novelty of the model, besides including endogenous household consumption, is the introduction of savings and their distribution in the circular flow, and the derivation of functions, through an iterative process, for the induced impact associated to the production of capital goods. Under this scheme, the macroeconomic impacts associated with the induced effects can be further divided into three separate magnitudes: initial, production-consumption, and production-investment.