Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/147188
Authors: 
ten Raa, Thijs
Rueda-Cantuche, José
Year of Publication: 
2013
Citation: 
[Journal:] Journal of Economic Structures [ISSN:] 2193-2409 [Volume:] 2 [Year:] 2013 [Pages:] 1-14
Abstract: 
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 published on a 5-year basis. Alternatively, use and make (or supply) tables are being regularly published on a yearly basis. However, they need to be converted into input-output tables as a previous step to form the matrix of technical coefficients. In doing so, this paper aims to shed light on the construction process of input-output tables and to guide economic modelers in making a decision on the way to make such conversion and how to deal with the subsequent problems, particularly with negative technical coefficients.
Subjects: 
input-output analysis
technical coefficients
use and make tables
input-output modeling
JEL: 
C67
D57
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/2.0/
Document Type: 
Article

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