Finansowe modele input-output w analizie powiązań międzysektorowych
Financial input-output models in the analysis of intersectoral linkages

Summary/Abstract: The aim of the study is to build the tables of individual financial instruments’ flows between institutional sectors. These tables were estimated using input-output methods and presented graphically as maps of intersectoral linkages. They enabled the assessment of sectors’ significance in the flows of financial instruments in Poland in 2003–2015 and changes in the scale and structure of these linkages. The analysis of intersectoral linkages confirms the hypothesis about the growing role of financial institutions as the main financial intermediary in the Polish economy, mainly in terms of an increase in flows of currency, deposits and loans. Simultaneously, the hypothesis of the growing role of the foreign financial sector in meeting the demands of the Polish economy for funds (acquisition of capital market’s instruments – equity and debt securities) is confirmed. An additional aim, naturally derived from the availability of the estimated tables of intersectoral financial flows by instruments, is the construction of an input-output model, which can be used in various empirical analyses, in particular in projection and simulation analyses of demand for financial instruments and their supply.

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