Input-output structure characteristics analysis on Mongolia

Abstract

In recent years, Mongolia has introduced a number of policies to promote economic growth and international cooperation. Analyzing the evolution of Mongolia's economic structure with the help of macroeconomic data such as input-output is helpful to systematically evaluate the effectiveness of its policies. Based on the input-output table of Mongolia provided by the Eora National Input-Output Database, this paper systematically analyzes the input-output structure characteristics of Mongolia's national economy from 2015 to 2021. The research content mainly starts from the three economic links of intermediate input and intermediate use, final use and initial input, revealing the core characteristics of Mongolia in industrial linkage, resource allocation and economic structure. On this basis, the potential impact of Mongolia's participation in regional economic cooperation on its input-output structure and industrial development under the background of the implementation of the "Steppe Road" initiative is further explored. The research results help to understand the internal logic of Mongolia's economic structure and provide a reference for policymakers in promoting economic diversification and enhancing the resilience of the domestic industrial chain.