Assessing the economic connectedness of the UK pharmaceutical and digital sectors by Input-Output Analysis

Ettore Settanni & Jagjit Srai
This paper applies the principles of Input Output Analysis (IOA) to identify key structural dependencies between the pharmaceutical sector, the digital sectors, and all the other sectors in an economy. The computation and visualisation of selected metrics to evaluate the strength of downstream and upstream economic connectedness of the digital and pharmaceutical sec-tors is demonstrated using digital data collections for the UK national economy. Although the analysis is limited to a single-country and a single...

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