Lazarov, Darko and Kocovski, Mitko (2015) Empirical estimation of the multiplicative effects of steel industry for Macedonian economy. In: International Conference for Business, Economy, Sport and Tourism "Economic analysis of global trends in tourism, finance, education & menagement", 9-11 Oct 2015, Skopje, Macedonia.
Preview |
Text
Economic impact analysis of steel industry in RM.pdf Download (694kB) | Preview |
Abstract
Scientific and professional public obviously highlight the fact that the development dynamics of each national economy is largely based on more efficient industrial system (hence strongly highlighted efforts for re-industrialization of the world economy), given the fact that the technical progress largest economic effects materialize in the framework of the industry. In this context, identifying and quantifying the role and importance of each industry to the national economy is of paramount importance in the process of designing national industrial policies. The main aim of this paper is quantitative and scientifically based assessment of basic metal industry and its role and importance for the Macedonian economy by applying the economic impact methodology based on input - output model and the analysis of economic and financial indicators that capture the company’s performance and the performance of whole industry. Such economic assessment and analysis involves studying the direct effects (the contribution of the steel industry to GDP, exports, employment, taxes and corporate - social responsibility) and multiplicative effects (indirect through the chain of suppliers and induced by the effect of consumption) that the industry generates in the national economy by the reproduction processes.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | Social Sciences > Economics and business |
| Divisions: | Faculty of Economics |
| Depositing User: | Darko Lazarov |
| Date Deposited: | 20 Jan 2016 12:29 |
| Last Modified: | 20 Jan 2016 12:30 |
| URI: | https://eprints.ugd.edu.mk/id/eprint/14773 |
Actions (login required)
 |
View Item |