Table of Contents
INTRODUCTION _________________________________________________________________ 1
1 THE INPUT-OUTPUT APPROACH TO EMPLOYMENT: THE VERTICALLY INTEGRATED
SECTOR ___________________________________________________________________ 5
2 JOB CREATION ACROSS VERTICALLY INTEGRATED SECTORS OVER TIME AND
ACROSS COUNTRIES ________________________________________________________ 9
3 JOB CREATION IN VERTICALLY INTEGRATED SECTORS: MANUFACTURING VS.
SERVICE INDUSTRIES_______________________________________________________ 13
4 THE EMPLOYMENT EFFECTS OF FINAL DEMAND AND CONSUMPTION MIXES
WITHIN THE SIX ECONOMIES _______________________________________________ 17
5 THE EMPLOYMENT EFFECTS OF DEMAND AND CONSUMPTION MIXES ACROSS
ECONOMIES ______________________________________________________________ 25
6 THE SOURCES OF EMPLOYMENT CHANGE IN THE VERTICAL INTEGRATED SECTOR _29
7 CONCLUSIONS ON THE ROLE OF SERVICES____________________________________ 35
REFERENCES ___________________________________________________________________ 37
APPENDIX 1: THE DATA_______________________________________________________ 41
Appendix 2: The Input - Output System 45
APPENDIX 3: ON THE INDEPENDENCE OF THE EMPLOYMENT MATRIX FROM THE PRICE
LEVEL ________________________________________________________________ 49
AppENDIX 4: THE DECOMpOSITION OF THE EMpLOYMENT MATRIX _________________ 51