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Intercountry feedback and spillover effects within the international supply and use framework: a Bayesian perspective*

Authors

TEMURSHOEV, UMED

External publication

No

Means

Econ. Syst. Res.

Scope

Article

Nature

Científica

JCR Quartile

SJR Quartile

JCR Impact

3.556

SJR Impact

1.738

Publication date

01/01/2018

ISI

000439725700004

Scopus Id

2-s2.0-85033726815

Abstract

This paper proposes a new framework for the estimation of product-level global and interregional feedback and spillover (FS) factor multipliers. The framework is directly based on interregional supply and use tables (SUTs) that could be rectangular and gives a possibility of taking account of the inherent input–output data uncertainty problems. A Bayesian econometric approach is applied to the framework using the first version of international SUTs in the World Input–Output Database. The obtained estimates of the global and intercountry FS output effects are discussed and presented at the world, country and product levels for the period of 1995–2009. © 2017, © 2017 The International Input–Output Association.

Keywords

Bayesian analysis; database; econometrics; globalization; input-output analysis; production system; spillover effect