Article ID Journal Published Year Pages File Type
5059219 Economics Letters 2014 4 Pages PDF
Abstract
I measure the importance of sectoral shocks in US aggregate output by using the World Input-Output Table (WIOT). The WIOT allows me to correct potential sub-graph bias in previous literature, caused by using only the US industrial production input-output table. I report results from three closely related models to show how sensitive the analyses are to different specifications. The estimates vary from 10% to 45%.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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