Tertiarisation of the Productive System of Slovakia: an Inputoutput Approach

Abstract

Abstract The aim of the paper was to study the process of tertiarisation of the Slovak economy during the period between 1995 and 2009 and to analyse the relations of services with the rest of productive activities. The empirical study conducted in this work is based on the data from the WIOD symmetric input-output tables. The main trends of the structural transformation of Slovak productive system in analysed period was that services (mostly business services) increased their share (in term of value added) within the whole economy and the overall degree of tertiarisation rose. Domestic services not only increased their capacity to encourage their own production but intensified their relations with the rest of the economic activities.