Supply And Use And Input-Output Tables 2005

Supply and Use Tables and Input-Output Tables for Ireland 2005

Detailed breakdown of economic transactions

The supply and use and input-output tables provide a detailed picture of the transactions of goods and services in the economy. They highlight the inter-industry flows that lie behind the national accounts main aggregates such as operating surplus, wages & salaries and external trade movements.

In terms of the 53 detailed industries distinguished in tables 1 to 4, the following aspects are relevant.

Contributions to GVA

The sectors with the largest contributions to Gross Value Added (GVA) in 2005 were construction (€14.2b, 10% of GVA) and the manufacture of chemical products (€10.8b, 7.5% of GVA). The latter accounts for one-third of the total GVA of the manufacturing sector.

Profits

The sectors that had the highest profits (net operating surplus) were the manufacture of chemical products, real estate services and wholesale trade. The profits of the manufacturers of chemicals were €8.4b in 2005. The corresponding amounts for the real estate services sector, which includes imputed rent in respect of owner-occupied dwellings, were €7.0b and for wholesale trade, €4.9b. Other sectors that had high net operating surplus include financial intermediation services and construction.

Wages

Construction contributed most in terms of compensation of employees (€9.4b). Health and social work was the next largest contributor at €8.1b. After Health, the sectors with the highest compensation of employees were education, public administration and business services.

Imports

An analysis of the input-output table (i.e. Table 4) shows that the import content of manufacturing industries is in general higher than that of service industries. The manufacturers of office machinery and equipment head the table, importing 90% of their intermediate consumption followed by those of printed matter and recorded media at 87% and chemical products at 85%. The food and beverages producers and the construction industry imported 40% and 20%, respectively, of their intermediate consumption.

Multipliers

Various Input-Output technical coefficients are shown culminating in the direct and indirect multipliers in the last rows of the Leontief table (i.e. Table 5). Multipliers for imports; compensation of employees; net operating surplus; consumption of fixed capital; and taxes less subsidies are provided. These multipliers show the effect on the domestic economy, after all the cycles of production are completed, of an extra euro of final demand for the home production of each product group. The services sectors e.g. public administration, health and education, have low import multipliers indicating that extra
demand for home production of these services will result in most of the expenditure remaining within the country.

For copies of the publication contact:

The Central Statistics Office, Information Section, Skehard Road, Cork.
The Government Publications Sales Office, Sun Alliance House, Molesworth Street, Dublin 2.
Price: €12
Copies can be downloaded from the CSO website http://www.cso.ie

For further information contact:

Patrick Quill on 01-498 4004 email nat_acc@cso.ie

4 March 2009

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