Some Comments on the GRAS Method

Junius and Oosterhaven (2003) present a RAS matrix balancing variant that can incorporate negative elements in the balancing. There are, however, a couple of issues in the approach described - the first being the handling of zeros in the initial estimate, and the second being the formulation of their minimum-information principle. We present a corrected exposition of GRAS.

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Year of publication:	2007
Authors:	Lenzen, Manfred ; Wood, Richard ; Gallego, Blanca
Published in:	Economic Systems Research. - Taylor & Francis Journals, ISSN 0953-5314. - Vol. 19.2007, 4, p. 461-465
Publisher:	Taylor & Francis Journals
Subject:	RAS matrix balancing \| GRAS \| optimisation

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005485003