The evolution of the economy of Puerto Rico during the post-war: A network analysis

Abstract

This paper studies the evolution of the productive structure of Puerto Rico between 1967 and 1992. In order to examine the evolution, Input-Output, and network analysis techniques were used, which allowed us to illustrate the significant relationships in the structure. Diameter and Density were estimated, and it was found that economic activity increased between 1967 and 1977. However, between 1982 and 1992, economic activity decreased. In addition, it was found that Electricity and Chemical Products had significant Outdegree measures but had minimal Indegree measures, so they bought small amounts from the rest of the economy.

Keywords

• input output
• mathematical
• industrial policy
• economy of Puerto Rico