Abstract
| Original language | English |
|---|---|
| Pages (from-to) | 363-376 |
| Journal | Economic Systems Research |
| Volume | 21 |
| Issue number | 4 |
| Publication status | Published - 2009 |
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The choice of model in the construction of industry coefficients matrices. / Rueda-Cantuche, J.; Ten Raa, T.
In: Economic Systems Research, Vol. 21, No. 4, 2009, p. 363-376.Research output: Contribution to journal › Article › Scientific › peer-review
TY - JOUR
T1 - The choice of model in the construction of industry coefficients matrices
AU - Rueda-Cantuche, J.
AU - Ten Raa, T.
PY - 2009
Y1 - 2009
N2 - Kop Jansen and ten Raa’s (1990) characterization of product-by-product input–output tables was adopted by the United Nations (1993). Recent OECD and several EU funded projects, however, used industry-by-industry tables, which raises comparable issues concerning their construction. We show how their two main construction models are instances of the transfer principle, with alternative assumptions on the variation of input–output coefficients across product markets. We augment the theory by formulating desirable properties for industry tables and investigate the so-called fixed product and fixed industry sales structure models, which are used by statistical institutes. The fixed industry sales structure model is shown to be superior from an axiomatic point of view.
AB - Kop Jansen and ten Raa’s (1990) characterization of product-by-product input–output tables was adopted by the United Nations (1993). Recent OECD and several EU funded projects, however, used industry-by-industry tables, which raises comparable issues concerning their construction. We show how their two main construction models are instances of the transfer principle, with alternative assumptions on the variation of input–output coefficients across product markets. We augment the theory by formulating desirable properties for industry tables and investigate the so-called fixed product and fixed industry sales structure models, which are used by statistical institutes. The fixed industry sales structure model is shown to be superior from an axiomatic point of view.
M3 - Article
VL - 21
SP - 363
EP - 376
JO - Economic Systems Research
JF - Economic Systems Research
SN - 0953-5314
IS - 4
ER -