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The Concept of Accuracy in Regional Input-Output Models

Author

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  • R. C. Jensen

    (Department of Economics, University of Queensland, St. Lucia. 4067. Australia.)

Abstract

This paper focuses attention on the concept of accuracy in regional input-output tables. Two interpretations of accuracy, namely partitive and holistic accuracy, are discussed with reference to interpretation of input-output tables. Implications are drawn from recent contributions to the regional input-output literature in terms of the `reconciliation' debate and the survey versus non-survey debate. Holistic accuracy is the only concept which is tenable in practice; some suggested criteria for holistic accuracy are provided.

Suggested Citation

  • R. C. Jensen, 1980. "The Concept of Accuracy in Regional Input-Output Models," International Regional Science Review, , vol. 5(2), pages 139-154, August.
    • Handle: RePEc:sae:inrsre:v:5:y:1980:i:2:p:139-154
    DOI: 10.1177/016001768000500203
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    References listed on IDEAS

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    1. Wolfgang M. Schultz, 1978. "On Accuracy And Precision In Statistical Estimates," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 26(1), pages 15-26, February.
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    Cited by:

    1. Andrew M. Isserman, 1993. "Lost In Space? On The History, Status, And Future Of Regional Science (Presidential Address, April 4, 1992)," The Review of Regional Studies, Southern Regional Science Association, vol. 23(1), pages 1-50, Summer.
    2. Martana, Kadim & Evison, David & Lennox, James A. & Manley, Bruce, 2012. "Constructing a regional Social Accounting Matrix using non survey method for CGE Modeling," 2012 Conference, August 31, 2012, Nelson, New Zealand 136049, New Zealand Agricultural and Resource Economics Society.
    3. Sergio Rey & Guy West & Mark Janikas, 2004. "Uncertainty in Integrated Regional Models," Economic Systems Research, Taylor & Francis Journals, vol. 16(3), pages 259-277.
    4. Muhammad Daaniyall Abd Rahman & Bart Los & Arne Geschke & Yanyan Xiao & Keiichiro Kanemoto & Manfred Lenzen, 2017. "A flexible adaptation of the WIOD database in a virtual laboratory," Economic Systems Research, Taylor & Francis Journals, vol. 29(2), pages 187-208, April.
    5. Gurgul, Henryk, 2007. "Stochastic input-output modeling," MPRA Paper 68573, University Library of Munich, Germany, revised 2007.
    6. Johannes Többen & Tobias Heinrich Kronenberg, 2015. "Construction Of Multi-Regional Input--Output Tables Using The Charm Method," Economic Systems Research, Taylor & Francis Journals, vol. 27(4), pages 487-507, December.
    7. Umed Temurshoev, 2015. "Uncertainty treatment in input-output analysis," Working Papers 2015-004, Universidad Loyola Andalucía, Department of Economics.
    8. Sunggoan Choi, 2013. "Revealing the Growth Potentials with Input-Output Model at Sub-national Level," ERSA conference papers ersa13p73, European Regional Science Association.
    9. Fernando Escobedo-Cardeñoso & Jan Oosterhaven, 2011. "Hybrid Interregional Input-Output Construction Methods: Applied To The Seven Region Spanish Input-Output Table," ERSA conference papers ersa11p1794, European Regional Science Association.
    10. repec:rre:publsh:v:34:y:2004:i:1:p:37-56 is not listed on IDEAS
    11. Schwärzler, Marion Cornelia & Kronenberg, Tobias, 2017. "Basic Results of the Multiregional Health Account for Germany - Validation of Indirect Effects of the Health Economy," MPRA Paper 80719, University Library of Munich, Germany.
    12. Anthony T. Flegg & Yongming Huang & Timo Tohmo, 2015. "Using Charm to Adjust for Cross-Hauling: The Case of the Province of Hubei, China," Economic Systems Research, Taylor & Francis Journals, vol. 27(3), pages 391-413, September.
    13. Ali Jalili, 2000. "Evaluating Relative Performances of Four Non-Survey Techniques of Updating Input-Output Coefficients," Economic Change and Restructuring, Springer, vol. 33(3), pages 221-237, October.
    14. Sudhir K. Thakur, 2008. "Identification of Regional Fundamental Economic Structure (FES) of India: An Input-Output and Field of Influence Approach," WIDER Working Paper Series RP2008-59, World Institute for Development Economic Research (UNU-WIDER).
    15. Ali Jalili, 2000. "Exogenous information and input-output updating: An evaluation," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 6(1), pages 50-66, February.
    16. Wiedmann, Thomas & Wilting, Harry C. & Lenzen, Manfred & Lutter, Stephan & Palm, Viveka, 2011. "Quo Vadis MRIO? Methodological, data and institutional requirements for multi-region input-output analysis," Ecological Economics, Elsevier, vol. 70(11), pages 1937-1945, September.
    17. Hamilton, Thomas Gerard Adam & Kelly, Scott, 2017. "Low carbon energy scenarios for sub-Saharan Africa: An input-output analysis on the effects of universal energy access and economic growth," Energy Policy, Elsevier, vol. 105(C), pages 303-319.
    18. Wang, H. & Ang, B.W., 2018. "Assessing the role of international trade in global CO2 emissions: An index decomposition analysis approach," Applied Energy, Elsevier, vol. 218(C), pages 146-158.
    19. Wang, H. & Zhou, P., 2018. "Assessing Global CO2 Emission Inequality From Consumption Perspective: An Index Decomposition Analysis," Ecological Economics, Elsevier, vol. 154(C), pages 257-271.
    20. Emilian Dobrescu & Viorel Gaftea, 2012. "On the Accuracy of RAS Method in an Emergent Economy," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(32), pages 502-521, June.
    21. Anthony T. Flegg & Yongming Huang & Timo Tohmo, 2015. "Using CHARM to adjust for cross-hauling: the case of the Province of Hubei, China," Working Papers 20151506, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    22. Schwärzler, Marion Cornelia & Kronenberg, Tobias, 2017. "Methodology of the Multiregional Health Account for Germany - An Iterative Algorithm-Based Multiregionalization Approach of Supply and Use Tables with Emphasis on Health," MPRA Paper 80712, University Library of Munich, Germany.

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