International Industrial Ecology Day 2021
Key sectors in the socio-economic development of the Portuguese economy between 1995 and 2017
Abstract
Between growing environmental concerns and the need to design resilient economies, the understanding of socio-economic metabolism has become increasingly more important. This work focuses on the study of the changes in the material and economic flows between economic sectors throughout the various stages of economic development in the Portuguese economy between 1995 and 2017.To have a complete picture of the socio-economic metabolism, the work first analyses the monetary flows of 35 economic sectors, followed by an analysis of the material flows. Having determined the relevant economic sectors, the flows of these sectors are then observed in detail. The monetary flows analyzed were collected from the MIOTs from OECD. The material flows, on the other hand, were calculated using an innovative method for the compilation on PIOTs, based on MIOTs and additional physical data collected from official sources.
The results show that the services and construction sector played central roles in both the economic growth and the material inputs in the economy. The flows between the sectors highlight the close relation between the use of materials by the construction sector and the services sectors.
Author(s)
| Name | Affiliation |
|---|---|
| Sónia Cunha | Leiden Univertisy |
| Paulo Ferrão | INSTITUTO SUPERIOR TÉCNICO - UNIVERSITY OF LISBON |