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Nooraddin Sharify

Nooraddin Sharify

Academic rank: Associate Professor
ORCID:
Education: PhD.
ScopusId:
Faculty: Faculty of Economics and Administrative Sciences
Address: University of Mazandaran, Department of Economics, Babolsar, Iran
Phone: 35302550

Research

Title
A NONLINEAR SUPPLY-DRIVEN INPUT-OUTPUT MODEL
Type
JournalPaper
Keywords
nonlinear input-output model, Cobb-Douglas production function, Ghosh model, plausible supply-driven input-output model
Year
2018
Journal Prague Economic Papers
DOI
Researchers Nooraddin Sharify

Abstract

One of the major limitations of the supply-driven input-output (I-O) Ghosh model concerns its linear production function. Using the I-O table, this paper replaces the linear production function with the Cobb-Douglas (CD) production function within the supply-driven model. The two models are compared both theoretically and empirically. Nonlinear production function, relative substitutability of primary factors, and variability of the proportion of intermediate inputs over product levels are the characteristics of the proposed model. The consideration of sectors’ Solow residual as Total Factor Productivity (TFP) of sectors, is yet another characteristic of the proposed model. The model is also plausible in value added and supply shock computations.