Projecting supply and use tables : new variants and fair comparisons
- We have introduced in this paper new variants of two methods for projecting Supply and Use Tables that are based on a distance minimisation approach (SUT-RAS) and the Leontief model (SUT-EURO). We have also compared them under similar and comparable exogenous information, i.e.: with and without exogenous industry output, and with explicit consideration of taxes less subsidies on products. We have conducted an empirical assessment of all of these methods against a set of annual tables between 2000 and 2005 for Austria, Belgium, Spain and Italy. From the empirical assessment, we obtained three main conclusions: (a) the use of extra information (i.e. industry output) generally improves projected estimates in both methods; (b) whenever industry output is available, the SUT-RAS method should be used and otherwise the SUT-EURO should be used instead; and (c) the total industry output is best estimated by the SUT-EURO method when this is not available.
Author: | Juan Manuel Valderas-JaramilloORCiD, José Manuel Rueda-CantucheORCiD, Elena Olmedo, Joerg BeutelORCiDGND |
---|---|
DOI: | https://doi.org/10.1080/09535314.2018.1545221 |
ISSN: | 0953-5314 |
ISSN: | 1469-5758 |
Parent Title (English): | Economic Systems Research |
Volume: | Volume 31 |
Document Type: | Article |
Language: | English |
Year of Publication: | 2019 |
Release Date: | 2020/01/09 |
Tag: | SUT-EURO; SUT-RAS; Updating, projection, supply and use tables |
Issue: | Issue 3 |
First Page: | 423 |
Last Page: | 444 |
Note: | Volltextzugriff für Angehörige der Hochschule Konstanz möglich. |
Relevance: | Wiss. Zeitschriftenartikel reviewed: Listung in Positivlisten |
Open Access?: | Nein |
Licence (German): | ![]() |