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Table 8 Economic effects of final demand on domestic and imported agri-food products based on the 2018 IO table

From: Economic effects of food supply chain re-localization on the Croatian economy

 

Agricultural products

Food, beverages and tobacco

Personal consumption in HRK, retail market price

1000

1000

Effects of buying domestic products

 Net indirect taxes

74

257

 Trade and transport margins

166

187

 Revenues of domestic producers

759

556

  Indirect revenues of suppliers of intermediary inputs

705

688

  Induced revenues related to increase of wages

322

396

 Total output

1787

1640

 Direct GVA

354

216

 Indirect GVA

316

316

 Induced GVA

151

186

 Total GVA

821

718

 Direct labour requirements (person-hours)

6

2

 Indirect labour requirements (person-hours)

3

3

 Induced labour requirements (person-hours)

2

2

 Total labour requirements (person-hours)

11

7

 Direct taxes and social contributions

250

196

 Indirect taxes

172

382

 Total taxes and social contributions

422

578

 GDP (GVA + net indirect taxes)

993

1099

Effects of buying imported products

 Total GVA

121

136

 GDP

195

393

 Labour requirements (person-hours)

1

1

 Total taxes and social contributions

115

303

Effects of the import substitution

 Total GVA

701

582

 GDP

798

706

 Labour requirements (person-hours)

10

6

 Total taxes and social contributions

307

275

  1. Source Authors’ calculations