Agriculture, Hunting, Forestry, and Fishing Industry of Kazakhstan Economy: Input-Output Analysis

Abstract

In this research considers of the problems of (+) over- and/or (−) under-evaluation of aggregated flows in monetary terms of accounts and budgets of the agents of two sectoral economy, agriculture, hunting, forestry, and fishing industry and the rest of national economics. To achieve the goal of the study, the input-output table statistical data obtained from the reports of the Asian Development Bank for 2007–2020 for the Republic of Kazakhstan at current prices in of U.S. billions of dollars. Here was determined the time phases of divergence, convergence, and equilibrium of the values of such macroeconomic indicators as interindustry Produce/selling and Purchase/buying, Gross value added and Final demand, Imports and Exports. The results obtained based on this systematic research on input-output analysis can be used in decision-making in macroeconomic policy in the face of external challenges and uncertainty.