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Assessment of European Use tables at basic prices and valuation matrices in the absence of official data

  • Input–Output modellers are often faced with the task of estimating missing Use tables at basic prices and also valuation matrices of the individual countries. This paper examines a selection of estimation methods applied to the European context where the analysts are not in possession of superior data. The estimation methods are restricted to the use of automated methods that would require more than just the row and column sums of the tables (as in projections) but less than a combination of various conflicting information (as in compilation). The results are assessed against the official Supply, Use and Input–Output tables of Belgium, Germany, Italy, Netherlands, Finland, Austria and Slovakia by using matrix difference metrics. The main conclusion is that using the structures of previous years usually performs better than any other approach.

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Author:José Manuel Rueda-CantucheORCiD, Antonio F. AmoresORCiD, Joerg BeutelORCiDGND, Isabelle Remond-Tiedrez
Parent Title (English):Economic Systems Research
Volume:Vol. 30
Document Type:Article
Year of Publication:2018
Release Date:2019/08/02
Tag:Input–Output; Supply and Use tables; Basic prices; Valuation matrices
Issue:Issue 2
First Page:252
Last Page:270
Open Access?:Ja
Relevance:Peer reviewed Publikation in Master Journal List
Licence (German):License LogoCreative Commons - CC BY - Namensnennung 4.0 International