Open AccessAnalysis of Inter-Industry Relations in Pakistan for 1975 -76
Author(s) -
Aftab Ali Syed
Publication year - 1985
Publication title -
pakistan development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.154
H-Index - 26
ISSN - 0030-9729
DOI - 10.30541/v24i3-4pp.513-530
Subject(s) - interdependence , economics , goods and services , value (mathematics) , section (typography) , input–output model , economy , key (lock) , salient , macroeconomics , business , computer science , machine learning , artificial intelligence , political science , law , computer security , advertising
Input-Output tables provide a detailed accounting of the goodsand services that individual industries buy from and sell to each other,and , therefore, constitute a useful medium for an analysis of theinterdependent nature of the various sectors of an economy. The PIDE'srelease of input-output (I-D) tables of Pakistan's economy for the year1975 -76 [9] is an important contribution in this respect. An 'open'output determination of model of the Leontief type is applied to thesaid data base to delineate the structural interdependence of Pakistan'seconomy. Some salient features of the economy such as sectoraldistribution of the value added, cost composition of the value ofsectoral outputs, output and income multipliers are discussed in Sectionl. The notion of interdependence arising through technologicalinterconnections between various sectors implies structural linkages -both “backward” and “forward”. Quantification of these linkages providesan effective way of identifying "key sectors" of the economy. Section IIdiscusses the methodology used and the empirical results obtainedpertaining to key sectors of the Pakistan's economy. Some concludingremarks are offered in Section Ill.