Structural Change and Industrial Policy in Taiwan, 1966–91: An Extended Input-Output Analysis
This paper studies the structural changes in Taiwan from an input-output perspective for 1966–91, a period marked by rapid economic growth. The analysis has been performed by examining the coefficient changes of both demand- and supply-side IO models through the use of the rowscaler-cum-columnscaler method. Empirical results based on the deflated data with shifting-base scenario show that significant changes exist in interindustry transaction, final demand and value-added coefficients for the majority of industries. Extensive variations in industrial pattern are detected across various developmental stages.
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Document Type: Research Article
Affiliations: National Chung Cheng University
Publication date: June 1, 1997