Research Article

Analysis of Structural Change for the Kyrgyz Republic Economy: Evidence from Decomposition of Output Changes and Multiplier Product Matrix

Volume: 24 Number: 3 July 11, 2024
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Analysis of Structural Change for the Kyrgyz Republic Economy: Evidence from Decomposition of Output Changes and Multiplier Product Matrix

Abstract

Input-output analyses, which investigate intersectoral interdependencies and structural changes, are critical to sectoral planning by providing policymakers with significant information. This study draws on the input-output tables calculated by the Asian Development Bank for Asian and Pacific countries, specifically for the Kyrgyz Republic. The decomposition of output changes and the multiplier product matrix are employed to identify any structural changes in the country’s economy. The empirical findings indicate that a major structural change has occurred in the Kyrgyz economy, led by the financial intermediation sector.

Keywords

References

  1. ADB (2018). “Economic Indicators for South and Central Asia, Input Output Tables”. Asian Development Bank, Philippines.
  2. ADB (2020). “Economic Indicators for South and Central Asia, Input Output Tables”. Asian Development Bank, Philippines.
  3. ADB (2022). “Key Indicators for Asia and the Pacific 2022”. Asian Development Bank, Philippines.
  4. Ali, Y., Sabir, M., & Muhammad, N. (2019). “A comparative input-output analysis of the construction sector in three developing economies of South Asia”. Construction Management and Economics, 37(11), 643-658.
  5. Aydoğuş, O. (2010). “Girdi çıktı modellerine giriş”. Efil Yayınevi, Gözden Geçirilmiş 3. Baskı, Ankara.
  6. Bekhet, H. A., & Abdullah, A. (2010). “Energy use in agriculture sector: input-output analysis”. International Business Research, 3(3), 111-121.
  7. Chenery, H. B., & Watanabe, T. (1958). “International comparisons of the structure of production”. Econometrica: Journal of the Econometric Society, 487-521.
  8. Dietzenbacher, E., & Van der Linden, J. A. (1997). “Sectoral and Spatial Linkages in the EC Production Structure”. Journal of Regional Science, Vol. 37, 235-257.

Details

Primary Language

English

Subjects

Regional Economy

Journal Section

Research Article

Early Pub Date

July 8, 2024

Publication Date

July 11, 2024

Submission Date

December 19, 2023

Acceptance Date

March 29, 2024

Published in Issue

Year 2024 Volume: 24 Number: 3

APA
Akdeniz, A., Kumral, N., & Gök, B. (2024). Analysis of Structural Change for the Kyrgyz Republic Economy: Evidence from Decomposition of Output Changes and Multiplier Product Matrix. Ege Academic Review, 24(3), 433-446. https://doi.org/10.21121/eab.20240306
AMA
1.Akdeniz A, Kumral N, Gök B. Analysis of Structural Change for the Kyrgyz Republic Economy: Evidence from Decomposition of Output Changes and Multiplier Product Matrix. ear. 2024;24(3):433-446. doi:10.21121/eab.20240306
Chicago
Akdeniz, Arya, Neşe Kumral, and Barış Gök. 2024. “Analysis of Structural Change for the Kyrgyz Republic Economy: Evidence from Decomposition of Output Changes and Multiplier Product Matrix”. Ege Academic Review 24 (3): 433-46. https://doi.org/10.21121/eab.20240306.
EndNote
Akdeniz A, Kumral N, Gök B (July 1, 2024) Analysis of Structural Change for the Kyrgyz Republic Economy: Evidence from Decomposition of Output Changes and Multiplier Product Matrix. Ege Academic Review 24 3 433–446.
IEEE
[1]A. Akdeniz, N. Kumral, and B. Gök, “Analysis of Structural Change for the Kyrgyz Republic Economy: Evidence from Decomposition of Output Changes and Multiplier Product Matrix”, ear, vol. 24, no. 3, pp. 433–446, July 2024, doi: 10.21121/eab.20240306.
ISNAD
Akdeniz, Arya - Kumral, Neşe - Gök, Barış. “Analysis of Structural Change for the Kyrgyz Republic Economy: Evidence from Decomposition of Output Changes and Multiplier Product Matrix”. Ege Academic Review 24/3 (July 1, 2024): 433-446. https://doi.org/10.21121/eab.20240306.
JAMA
1.Akdeniz A, Kumral N, Gök B. Analysis of Structural Change for the Kyrgyz Republic Economy: Evidence from Decomposition of Output Changes and Multiplier Product Matrix. ear. 2024;24:433–446.
MLA
Akdeniz, Arya, et al. “Analysis of Structural Change for the Kyrgyz Republic Economy: Evidence from Decomposition of Output Changes and Multiplier Product Matrix”. Ege Academic Review, vol. 24, no. 3, July 2024, pp. 433-46, doi:10.21121/eab.20240306.
Vancouver
1.Arya Akdeniz, Neşe Kumral, Barış Gök. Analysis of Structural Change for the Kyrgyz Republic Economy: Evidence from Decomposition of Output Changes and Multiplier Product Matrix. ear. 2024 Jul. 1;24(3):433-46. doi:10.21121/eab.20240306