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In the literature, the construction of technical coefficients is linked to flow data (use and make matrices), but stochastics are imposed on the coefficients when multipliers are calculated, by means of the Leontief inverse. Due the nonlinearity of this operation, the multiplier estimates are...
Persistent link: https://www.econbiz.de/10005539492
Debreu?s coefficient of resource allocation is freed from individual data requirements. The procedure is shown to be equivalent to the imposition of Leontief preferences. The rate of growth of the modified Debreu coefficient and the Solow residual are shown to add up to TFP growth. This...
Persistent link: https://www.econbiz.de/10005540022
Kop Jansen & ten Raa (1990) established a purely theoretical solution to the problem of selecting a model for the construction of coefficients on the basis of make and use tables. In an axiomatic context, they singled out the so-called commodity technology model as the best one according to some...
Persistent link: https://www.econbiz.de/10005484861
Presumably, input-output coefficients reflect technology, and these coefficients measure the input requirements per unit of product. This concept has been extended to consumption theory, where it models expenditure shares. Input-output coefficients are extracted from the national accounts of an...
Persistent link: https://www.econbiz.de/10005484898
How would competitive pressure impact upon the income distribution and the poverty of household groups? We analyse the gains in efficiency and productivity due to competitive pressure, and its distributional effects using a general equilibrium input-output framework. Efficient utilization of the...
Persistent link: https://www.econbiz.de/10005485000
An economy may perform better because the firms become more efficient, the industries are better organized, or the allocation between industries is improved. In this paper we extend the literature on the measurement of industry efficiency (a decomposition in firm contributions and an...
Persistent link: https://www.econbiz.de/10010866111
Product input--output (IO) tables are mainly constructed on the basis of product and/or industry technology assumptions. The choice is not trivial and deserves empirical analysis using input and output data at the level of establishments. This paper offers input--output compilers econometric...
Persistent link: https://www.econbiz.de/10010977079
This paper fruitfully combines two complementary theories: performance measurement and input-output analysis. Our point of departure is the theory of the consumer, who maximizes utility subject to a budget constraint. His well-being can be measured by the change in the consumption bundle, valued...
Persistent link: https://www.econbiz.de/10010993737
Many economic models (e.g., computable general equilibrium models, econometric input–output models) revolve around a matrix of technical coefficients. However, these matrices can be estimated only once every 5 years as long as they are calculated from input–output tables and these are only...
Persistent link: https://www.econbiz.de/10010993743
We evaluate the relative performance of formal and informal sectors in India by looking into their productivity difference. Recognizing the intersectoral linkages in the economy, the competitive general equilibrium prices are computed; these signal the productivities. Our model synthesizes...
Persistent link: https://www.econbiz.de/10004966756