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Among the many matrix updating techniques available, basic RAS and its extensions are the most popular. RAS is a biproportional adjustment method, consisting in reiterative multiplication of row and column elements of a base matrix by correction coefficients. This technique is almost invariably...
Persistent link: https://www.econbiz.de/10010815208
It is relatively common to use location quotients (LQ) in the elaboration of regional (or sub-national) input-output tables (IOT). In the application of this kind of methodology, there appear two simultaneous corrections of the intermediate consumption matrix (one by rows and another by...
Persistent link: https://www.econbiz.de/10010766387
In economic studies, optimal use of known information should be paramount. But this requirement is usually neglected in economic modeling based on supply-use tables (SUTs). In SUT format the number of products is higher than the number of industries, and the usual practice is to aggregate...
Persistent link: https://www.econbiz.de/10010895138
Estimating the impact of tourism on an economy means to estimate both benefits and costs associated with tourism. Without any doubt, tourism has a huge economic and social importance. However, the growth of tourism has been accompanied by significant drawbacks in terms of emission of greenhouse...
Persistent link: https://www.econbiz.de/10010670781
The average propagation length (APL) has been proposed as a measure of the fragmentation and sophistication of an economy. For a one-sector economy, we show that the APL is strictly proportional to the macro multiplier of that economy. The same holds for strong intra-industry linkages. Hence,...
Persistent link: https://www.econbiz.de/10011139339
This paper develops a method to consolidate national supply-use tables (SUTs) into a single supra-regional SUT. The method deals with mirror trade statistics problems, such as the different valuation of imports and exports, and it corrects for double-counting re-exports. The method is tested by...
Persistent link: https://www.econbiz.de/10010977060
The GRAS method as presented by Junius and Oosterhaven [Junius, T. and J. Oosterhaven (2003) The Solution of Updating or Regionalizing a Matrix with Both Positive and Negative Elements. <italic>Economic Systems Research</italic>, 15, 87-96] assumes that every row and every column of a matrix to be balanced has...
Persistent link: https://www.econbiz.de/10010977066
This paper develops a method to consolidate national supply-use tables (SUTs) into a single supra-regional SUT. The method deals with mirror trade statistics problems, such as the different valuation of imports and exports, and it corrects for the double-counting of re-exports. To test the...
Persistent link: https://www.econbiz.de/10011252494
Persistent link: https://www.econbiz.de/10005355151
Persistent link: https://www.econbiz.de/10005311299