Identification of industries with potential in employment generation through the estimation of production chains and employment – output elasticities

Authors

DOI:

https://doi.org/10.15359/eys.26-59.1

Abstract

This paper presents indexes of production linkages and employment-output elasticities for the Costa Rican economy with data from the Input Output Table of 2012. The estimation of the indexes follows the methodology of Chenery and Watanabe (1958), while the elasticity coefficients were calculated following Valadkhani (2003). It was found that the industries with higher linkages are: livestock farming, agricultural support services, storage services, construction, financial activities and telecommunication industry; meanwhile the industries with highest employment output elasticities are: retail trade, education and construction. By fiscal regime, it is noted that firms in free trade zones tends to be more inelastic in terms of their contribution to total employment when their demand increases.

Author Biography

Manuel Esteban Sánchez Gómez, Banco Central de Costa Rica

Departamento de Análisis y Asesoría Económica. División Económica.

References

BCCR. (2012). Matriz de Insumo Producto 2012. División Económica, Departamento de Estadística Macroeconómica. Banco Central de Costa Rica.

BCCR (2019). Informe de Inflación. Departamento de Análisis y Asesoría Económica. División Económica. Junio, 2019.

BCCR (2020). Programa Macroeconómico 2020-2021. Departamento de Análisis y Asesoría Económica. División Económica. Enero, 2020.

Chaverri Morales, C. (2016). Encadenamientos productivos: una aplicación a partir de los datos de la Matriz de Insumo Producto. Documento de Investigación. Banco Central de Costa Rica.

Chenery, H.B. & Watanabe, T. (1958). International Comparisons of the Structure of Production. Econometrica. Vol 26, No. 4. 487-521 (35 pp).

Leontief, W. (1936). ‘Quantitative Input–Output Relations in the Economic System of the United States’, Review of Economics and Statistics, 18(3), 105–125.

Sánchez Gómez, M.E. (2015). Identificación de sectores económicos con alto potencial en la generación de empleo a partir de la matriz de insumo producto para Costa Rica 2011.Vigésimo primer informe del Estado de la Nación en Desarrollo Humano Sostenible 2014.

Schuschny, A. R. (2005). Tópicos sobre el modelo de insumo producto: teoría y aplicaciones. Estudios Económicos y Prospectivos, serie 37. Comisión Económica para América Latina y el Caribe (CEPAL).

Valadkhani, A. (2003). Using Input Output Analysis to Identify Australia’s High Employment Generating Industries. Australian Bulletin of Labour. 29 (3), 199-217

Published

01/01/2021

How to Cite

Identification of industries with potential in employment generation through the estimation of production chains and employment – output elasticities. (2021). Economía Y Sociedad, 26(59), 1-44. https://doi.org/10.15359/eys.26-59.1

Issue

Section

Articles (Arbitrated section)

How to Cite

Identification of industries with potential in employment generation through the estimation of production chains and employment – output elasticities. (2021). Economía Y Sociedad, 26(59), 1-44. https://doi.org/10.15359/eys.26-59.1

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