Suppose we randomly pull two agents from a population and ask them to observe an unfolding, infinite sequence of zeros and ones. If each agent starts with a prior belief about the true sequence and updates this belief on revelation of successive observations, what is the chance that the two...

State input-output coefficient matrices can be obtained from the data embedded in the U.S. Multiregional Input-output Model (MRIO). Individual cells and multipliers in the survey-based tables for Kansas and West Virginia are compared to their counterparts extracted from the MRIO model. The MRIO...

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...

The biproportional RAS technique has become one of the most important tools to update, regionalize, or balance input-output tables. In this note, we rigorously prove that the estimation of the intermediate transactions matrix yields the same results as the estimation of the input coefficients...

An example in Miernyk (1977) presented a rather counterintuitive result, namely, that introducing accurate exogenous information into an RAS matrix estimating procedure could lead to an estimate that was worse than one generated by RAS using no exogenous information at all. This became an...

Using the world input-output tables available from the WIOD project (www.wiod.org), we quantify production line positions of 35 industries for 40 countries and the rest of the world region over 1996-2009. In contrast to the previous related literature we do not focus only on the output supply...

The significant role that Walter Isard played in regional analyses is well known at least among those of us conducting regional studies, as recently reviewed by Boyce. In this short article, we examine several aspects of Isard’s input–output accounts and models and raise two...

Greenhouse gas reduction and energy consumption are becoming two important issues in both industrialized and developing countries, and policy makers are developing means to reduce total domestic energy use. We evaluate and compare the direct and the indirect energy consumption both in the...