Structural Analysis and Input-Output Techniques

Input-output techniques are applied to the study of the interdependencies between the different industries that make up the economy, thus allowing for the detection of their structural features. The course is based on the accounting fundamentals of input-output analysis. From them, we can identify and articulate some essential relationships between macroeconomic aggregates, estimate multipliers of production, employment and income, and detect productive backward and forward linkages, as well as the key sectors on which the productive structure is sustained. Likewise, input-output techniques allow the analytical decomposition of the economic system into integrated production chains, in order to study the interdependencies between industries for each component of aggregate demand.

The first four days of this seminar-course will focus on the theoretical-practical development of the aforementioned elements. These will be structured in three parts: (I) fundamentals of Input-Output analysis, (II) productive multipliers and chains, and (III) vertically integrated subsystems/sectors. The mode of work will be theoretical and practical, implementing code in the programming language R. The last day, which will be held in the ECLAC Office in Buenos Aires, will be used for a seminar in which studies that use input-product techniques will be presented.