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Updating an input-output table for use in policy analysis

Author

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  • Buetre, Benjamin L.
  • Ahmadi-Esfahani, Fredoun Z.

Abstract

The long lag in the publication of input–output tables is one of the central constraints in applied general equilibrium analysis. Model builders often use out‐dated databases leading to analyses that are inappropriate for the policy questions being addressed. This occurs particularly when there exists a significant structural change in the economy. We discuss the updating of an input–output table of the Philippines by simulation technique. A detailed computable general equilibrium model of the Philippine economy with comparative static and forecasting capabilities is utilised. The data are drawn from known percentage changes of macroeconomic variables such as those in the national accounts and structural variables such as employment and output by industry.

Suggested Citation

  • Buetre, Benjamin L. & Ahmadi-Esfahani, Fredoun Z., 2000. "Updating an input-output table for use in policy analysis," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 44(4), pages 1-31.
    • Handle: RePEc:ags:aareaj:117853
    DOI: 10.22004/ag.econ.117853
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    2. J H Ll DEWHURST & G LESLIE, "undated". "Using The Ras Technique As A Test Of Hybrid. Methods Of Regional Input-Output Table Updating," Dundee Discussion Papers in Economics 016, Economic Studies, University of Dundee.
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    4. J. Mark Horridge & Brian R. Parmenter & Martin Cameron & Riaan Joubert & Areef Suleman & Dawie de Jongh, 1995. "The Macroeconomic, Industrial, Distributional and Regional Effects of Government Spending Programs in South Africa," Centre of Policy Studies/IMPACT Centre Working Papers g-109, Victoria University, Centre of Policy Studies/IMPACT Centre.
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    1. Fofana, Ismaël, 2011. "Simulating the Impact of Climate Change and Adaptation Strategies on Farm Productivity and Income: A Bio-economic Modeling Analysis," Conference papers 332110, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. McDonald, Daniel & Nair, Roneel & Rodriguez, Gil & Buetre, Benjamin L., 2005. "Trade flows between Australia and China: An opportunity for a free trade agreement," 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia 137935, Australian Agricultural and Resource Economics Society.

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