The choice of model in the construction of industry coefficients matrices

J. Rueda-Cantuche, T. Ten Raa

Research output: Contribution to journalArticleScientificpeer-review

Abstract

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.
Original languageEnglish
Pages (from-to)363-376
JournalEconomic Systems Research
Volume21
Issue number4
Publication statusPublished - 2009

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Coefficients
Industry
Axiomatics
Product market
United Nations

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Rueda-Cantuche, J. ; Ten Raa, T. / The choice of model in the construction of industry coefficients matrices. In: Economic Systems Research. 2009 ; Vol. 21, No. 4. pp. 363-376.
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Rueda-Cantuche, J & Ten Raa, T 2009, 'The choice of model in the construction of industry coefficients matrices', Economic Systems Research, vol. 21, no. 4, pp. 363-376.

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 journalArticleScientificpeer-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

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