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VÝVOJ SLOVENSKEJ EKONOMIKY V ROKOCH 2008 A 2009 Z POHĽADU INPUT-OUTPUT ANALÝZY

100%

Lábaj M.

Ekonomický časopis (Journal of Economics)

2013

tom 61

nr 10

994 – 1010

Economic recession in the world economy in 2008 – 2009 influenced the development of the Slovak economy very rapidly. Even though we can identify some general tendencies in the national economy, the impact of worldwide economic recession differs across industries in its strength and timing. In this article we try to reveal the direct and indirect dependencies of particular industries on foreign and domestic demand as well as the indirect effects of changes in sectoral structure of the final demand on the Slovak economy. We use Open Static Leontief Model and Structural decomposition analysis to analyse the changes in production, value added and employment between 2009 and 2008. We have decomposed these changes into the contribution of changes in direct coefficients, production structure, final demand structure, sectoral final demand structure and volume of final demand.

SECTORAL LINKAGES OF TAXES: AN INPUT-OUTPUT ANALYSIS OF THE CROATIAN ECONOMY

86%

Hodžiċ S. , Keček D. , Mikuliċ D.

Ekonomický časopis (Journal of Economics)

2018

tom 66

nr 6

598 – 620

The design of a tax system should take into account that producers in the national economy are strongly interconnected. Increasing the tax burden not only affects the sector the activities of which taxes are directly levied on, but all other economic entities, too, because of sectoral linkages. In this empirical research, the input-output (I-O) analysis was used to analyse sectoral linkages of taxes within the Croatian economy. The results show that the largest ratio of total to direct tax effects induced by unit change of final demand in an open I-O model (type I tax multiplier) is found in sector CPA_A01 – Products of agriculture, hunting and related services. The largest ratio of total tax effects to direct tax effects per unit change of final demand in a closed I-O model – (type II tax multiplier) is found in sector CPA_T – Services of households as employers; undifferentiated goods and services produced by households for own use. On the other hand, the lowest indicators of type I and II tax multipliers are found in sector CPA_L68A – Imputed rents of owner-occupied dwellings.

CENOVÁ KONKURENCIESCHOPNOSŤ A ZDANENIE ENERGETICKÝCH VSTUPOV

86%

Ochotnický P. , Lajzová B. , Kiseláková D.

Ekonomický časopis (Journal of Economics)

2011

tom 59

nr 8

786 – 801

Non-renewable energy resources and their prices are more and more important factor of the global economy and national economies growth. Taxation of the energy products and their impact on the energy prices are reflecting in competitiveness of producers, individual branches, their profitability, creation of sources for investments, for innovations and also for creativity. The paper is signalizing the potential structural impacts of taxes/prices of energy inputs on the price competitiveness of customer branches in the Slovak Republic. The input-output price model as the basic methodological approach is used in this paper.

WHAT DRIVES INFLATION IN TIMES OF WEAK ECONOMIC RECOVERY? DISENTANGLING THE SOURCES OF RECENT INFLATIONARY SPIKE IN SLOVAKIA

86%

Hojdan D. , Workie Tiruneh M.

Ekonomický časopis (Journal of Economics)

2024

tom 72

nr 3-4

140 – 168

In contrast to the pre-Covid-19 pandemic and post-Great Recession periods, when a significant part of mainly advanced economies experienced a low-growth, low-inflation macroeconomic landscape, the post-Covid-19 pandemic period has seen a dramatic shift, with notable increases in the inflation rate while economic growth has remained largely sluggish. In this study, we estimate the underlying causes of the recent inflation spikes and quantify the contributions of individual factors such as production costs, imported consumption and corporate profits to consumer price inflation in Slovakia over the period 2021 – 2023. This is done by using the methodology of the adjusted input-output (IO) price model, which was adopted from Dhingra (2023). The results suggest that excessive corporate mark ups and profits, input prices and imported inflation have played the most profound role in the overall rising trend of consumer price inflation in the recent period.

VERTIKÁLNA ŠPECIALIZÁCIA SLOVENSKÉHO EXPORTU

86%

Habrman M.

Ekonomický časopis (Journal of Economics)

2014

tom 62

nr 10

1017 – 1030

The paper studies the position of the Slovak economy in global value chains. It focuses on the implications arising from vertical specialisation for value added and employment, especially for the three main exporting industries – motor vehicles, electrical and optical equipment, steel and steel products. For the analysis a multi-region input-output model and data from World input-output database (WIOD) are applied, covering the period 1995 – 2009. The results show that Slovak economy has one of the highest vertical specialisations around the globe, especially in the motor vehicles production. We show that in the given period this industry was less significant in terms of value added and employment for the Slovak economy when comparing to the electrical and optical equipment and the steel industry.