Structural Changes in Pakistan’s Economy: An I-O Based Analysis (W-191)

Structural Changes in Pakistan’s Economy: An I-O Based Analysis (W-191)

Publication details

  • Friday | 29 Apr, 2022
  • Mohammad Zeeshan
  • Working Papers
  • 43
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Abstract:

This study builds on a nexus between the recent System of National Accounts (SNA) and the RAS framework. The 2008 SNA is an important structural shift in the global accounting structure. However, many countries are unable to update their national accounts for various reasons, which limits their national policy making processes and and adversely affect the global environmental mitigation. Primarily, the input-output (IO) models are used to analyze the impact of different sector specific economic policies. The extended IO models have practical implications for the global environmental policies. The RAS technique is an advanced, well-recognized, and widely applicable method to update IO systems globally. Building the SNA-RAS nexus, this study develops the Pakistan input-output model in an industry-by-industry format, and provides a brief analysis of the structural changes in the economy over the period 2011-19.