Abstract
In the recent decades the technical innovation and productivity has gained a lot of attention. Many economies are going through structural transformation by changing the traditional to technical advancement sector in form of resource allocation. Current study has examined the structural change phenomenon in Swiss economy by capturing the economy wide changes as a total and at sectoral level. Using the Swiss input-output two latest I-O tables as 2014 and 2017 for SDA analysis we find a change in technical and final demand coefficients. This justifies the significant effect of innovation on both structural change at sector level and economy wide. Moreover, aggregately there is 16% seen to be attributed as technological change and 84% from changes in final demand. This mean that there is huge impact of changes coming from final demand compositions as; household consumption, exports and government spending. This suggests that Switzerland has shown considerable resilience on using human capital, research and development for sustainable economic and social growth. The future study can examine the relevant components of final demand such as household consumption, exports and government spending. At the same time, can trace the various aspects of technology changes such as changes in the production recipes and relative price change.
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Appendices
Appendix 1
No. | Codes | Sectors |
|---|---|---|
1. | 01–03 | Agriculture, forestry and fishing |
2. | 05–09 | Mining and quarrying |
3. | 10–12 | Manufacture of food and tobacco products |
4. | 113–15 | Manufacture of textiles and apparel |
5. | 16 | Manufacture of wood and of products of wood and cork, except furniture |
6. | 17 | Manufacture of paper and paper products |
7. | 18 | Printing and reproduction of recorded media |
8. | 19–20 | Manufacture of coke, chemicals and chemical products |
9. | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations |
10. | 22 | Manufacture of rubber and plastic products |
11. | 23 | Manufacture of other non-metallic mineral products |
12. | 24 | Manufacture of basic metals |
13. | 25 | Manufacture of fabricated metal products, except machinery and equipment |
14. | 26 | Manufacture of computer, electronic and optical products |
15. | 27 | Manufacture of electrical equipment |
16. | 28 | Manufacture of machinery and equipment n.e.c |
17. | 29 | Manufacture of motor vehicles, trailers and semi-trailers |
18. | 30 | Manufacture of other transport equipment |
19. | 31 | Manufacture of furniture |
20. | 32 | Other manufacturing |
21. | 33 | Repair and installation of machinery and equipment |
22. | 35 | Electricity, gas, steam and air-conditioning supply |
23. | 36–39 | Water supply, waste management |
24. | 41–43 | Construction |
25. | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
26. | 46 | Wholesale trade, except of motor vehicles and motorcycles |
27. | 47 | Retail trade, except of motor vehicles and motorcycles |
28. | 49–51 | Land, water and air transport and transport via pipelines |
29. | 52 | Warehousing and support activities for transportation |
30. | 53 | Postal and courier activities |
31. | 55 | Accommodation |
32. | 56 | Food and beverage service activities |
33. | 58–60 | Publishing, audiovisual and broadcasting activities |
34. | 61 | Telecommunications |
35. | 62–63 | IT and other information services |
36. | 64 | Financial service activities |
37. | 65 | Insurance |
38. | 68 | Real estate activities |
39. | 69–71 | Legal, accounting, management, architecture, engineering activities |
40. | 72 | Scientific research and development |
41. | 73–75 | Other professional, scientific and technical activities |
42. | 77–82 | Administrative and support service activities |
43. | 84 | Public administration |
44. | 85 | Education |
45. | 86 | Human health activities |
46. | 87–88 | Residential care and social work activities |
47. | 90–93 | Arts, entertainment and recreation |
48. | 94–96 | Other service activities |
49. | 97–98 | Activities of households as employers of domestic personnel / Undifferentiated goods- and services-producing activities of private households for own use |
Appendix 2
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Yasmin, T., Refae, G.A.E., Eletter, S. (2023). Capturing the Sectoral Performance in Swiss Economy: An Input-Output Structural Decomposition Analysis (SDA). In: Yaseen, S.G. (eds) Cutting-Edge Business Technologies in the Big Data Era. SICB 2023. Studies in Big Data, vol 136. Springer, Cham. https://doi.org/10.1007/978-3-031-42455-7_4
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