Applications of the Input-Output Framework

Description

This book provides a fresh perspective on the ever-growing relevance of input-output analysis in problem solving. It is based on the “19th National Conference of the Input-Output Research Association of India (IORA)”, held in 2017 in Mumbai, India. The conference promoted the exchange of ideas on input-output analysis and related methods among economists, government officials, policymakers, academicians and industrialists. The book captures the unique ideas of prominent scholars, extends the basic “input-output framework,” analytical tool, outlines the possible impacts of some major policy decisions adopted by the Government of India, and puts forward concrete policy suggestions. In addition, it highlights the versatility of the Leontief model, which is currently being extended to cover a diverse spectrum of policy issues, ranging from agricultural productivity to science and technology and from carbon hotspots to energy and environmental consequences. A perfect blend of theory and application, the book provides a realistic outlook on sensitive economies and interdependencies between sectors. Front Matter ....Pages i-xv Introduction (Kakali Mukhopadhyay)....Pages 1-7 The Evolution of Input–Output Analysis (Paul J. Thomassin)....Pages 9-36 Front Matter ....Pages 37-37 Intermediate Input Technological Progress Translated into Neoclassical Terms—A Study with Reference to the Indian Economy (Partha Pratim Ghosh)....Pages 39-62 Front Matter ....Pages 63-63 Assessments of ICT Policy Options: The Framework of Input–Output Table Linked with Intangible Knowledge Stock (Masahiro Kuroda, Kenta Ikeuchi, Yasushi Hara, Michael C. Huang)....Pages 65-110 Front Matter ....Pages 111-111 The Impact of Presence and Hypothetical Absence of Tourism in Indian Economy (Poonam Munjal)....Pages 113-136 Growth of Service Sector in India (1983–84 to 2011–12): An Input–Output Analysis (Probir Karar, Smriti Karar Mukhopadhyay)....Pages 137-153 Front Matter ....Pages 155-155 Energy Input–Output Analysis for Household Sector of India (Chetana Chaudhuri)....Pages 157-181 Mapping Meso-Economic Impacts of Grid-Connected Solar PV Deployments in India: A Social Accounting Matrix Approach (Surabhi Joshi, Pritee Sharma)....Pages 183-221 Front Matter ....Pages 223-223 Comparison of Carbon Hotspots of India and China: An Analysis of Upstream and Downstream Supply Chains (Priyanka Tariyal)....Pages 225-267 Incidence of Environmental Taxes in India: Environmentally Extended Social Accounting Matrix-Based Analysis (Rajat Verma, Barun Deb Pal)....Pages 269-290 Front Matter ....Pages 291-291 Global Value Chain and Effects of Trade Policy Instruments—A Case of India (Chandrima Sikdar)....Pages 293-314 India’s Intra-industry Trade: Implication on Vertical Specialization, Environment and Employment (Paramita Dasgupta, Kakali Mukhopadhyay)....Pages 315-344 Front Matter ....Pages 345-345 The Regionalization of National Input–Output Tables: A Review of the Performance of Two Key Non-survey Methods (Anthony T. Flegg, Timo Tohmo)....Pages 347-386 Impact of Key Infrastructure Sectors in Creating Formal and Informal Jobs in Two States: Indian Regional IO Analysis (Anushree Sinha, Rajesh Jaiswal, Avantika Prabhakar)....Pages 387-412 Challenges in Construction of Regional Accounts in India (P. Bhanumati, Kakali Mukhopadhyay)....Pages 413-437 Extension of the Leontief Input–Output Model to Accommodate New Concepts of Sustainability and Social Well-Being (Ramprasad Sengupta)....Pages 439-453