Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/163829
Title: Use of input-output tables for shock assessment
Authors: Khoo, Lim Chun Kee
Keywords: Social sciences::Economic theory
Engineering::Civil engineering
Issue Date: 2023
Publisher: Nanyang Technological University
Source: Khoo, L. C. K. (2023). Use of input-output tables for shock assessment. Final Year Project (FYP), Nanyang Technological University, Singapore. https://hdl.handle.net/10356/163829
Abstract: Economic linkages between production sectors contribute to macroeconomic volatility. Such volatility could pose a threat to economic growth. Evidence suggests that volatility may, over time, result in lower levels of private investment, consumption, and productivity. There is also a significant correlation between volatility and financial crises. In addition, economic shocks happen periodically in economies though with variations in their magnitudes. Therefore, an analytical framework for shock assessment is essential for the relevant authorities to appreciate the impacts and thus be able to formulate more robust economic policies. This allows room for timely countermeasures and hopefully prevention against huge economic loss. This project adopts the Input-Output Model to study the impact of an economic shock on the supply chain, that is a decline in primary input or final demand for Singapore and Thailand. In addition, an attempt has been made to regionalise the Singapore national model to the 5 regions of Singapore using employment data. It is found that at the national level, Singapore’s construction plays a vital role in the supply chain. Furthermore, supply shocks to utilities and construction in certain regions could lead to huge economic losses as a result of stronger linkages.
URI: https://hdl.handle.net/10356/163829
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:CEE Student Reports (FYP/IA/PA/PI)

Files in This Item:
File Description SizeFormat 
FYP_U1720693E.pdf
  Restricted Access
Final Year Project1.7 MBAdobe PDFView/Open

Page view(s)

51
Updated on Feb 5, 2023

Google ScholarTM

Check

Items in DR-NTU are protected by copyright, with all rights reserved, unless otherwise indicated.