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Projection Of Supply And Use Tables: Methods And Their Empirical Assessment

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  • Umed Temurshoev
  • Colin Webb
  • Norihiko Yamano

Abstract

We present eight existing projection methods and test their relative performance in estimating Supply and Use tables (SUTs) of the Netherlands and Spain. Some of the methods presented have received little attention in the literature, and some have been slightly revised to better deal with negative elements and preserve the signs of original matrix entries. We find that (G)RAS and the methods proposed by Harthoorn and van Dalen (1987) and Kuroda (1988) produce the best estimates for the data in question. Their relative success also suggests the stability of ratios of larger transactions.

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  • Umed Temurshoev & Colin Webb & Norihiko Yamano, 2011. "Projection Of Supply And Use Tables: Methods And Their Empirical Assessment," Economic Systems Research, Taylor & Francis Journals, vol. 23(1), pages 91-123.
    • Handle: RePEc:taf:ecsysr:v:23:y:2011:i:1:p:91-123
    DOI: 10.1080/09535314.2010.534978
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    References listed on IDEAS

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    1. McDougall, Robert A., 1999. "Entropy Theory and RAS are Friends," Working papers 283439, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. Christa Court & Randall W. Jackson, 2010. "Time Dynamics and the Introduction of New Technologies within IO Analysis," Working Papers Working Paper 2010-03, Regional Research Institute, West Virginia University.
    3. McDougall, Robert, 1999. "Entropy Theory and RAS are Friends," GTAP Working Papers 300, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
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    Cited by:

    1. Sargento, Ana Lúcia Marto & Lahr, Michael L. & Ferreira, João Pedro & de la Torre Cuevas, Fernando, 2024. "Revisiting methods for estimating interregional input-output accounts: It's not just about trade flows," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 664-677.
    2. Zheng, Haitao & Fang, Qi & Wang, Cheng & Jiang, Yunyun & Ren, Ruoen, 2018. "Updating China's input-output tables series using MTT method and its comparison," Economic Modelling, Elsevier, vol. 74(C), pages 186-193.
    3. José M. Rueda-Cantuche & Tamas Revesz & Antonio F. Amores & Agustín Velázquez & Marian Mraz & Emanuele Ferrari & Alfredo J. Mainar-Causapé & Letizia Montinari & Bert Saveyn, 2020. "Improving the European input–output database for global trade analysis," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 9(1), pages 1-16, December.
    4. Nora Albu, 2018. "Lohnstückkosten des deutschen Verarbeitenden Gewerbes: inländische und globale Verflechtungen," IMK Studies 63-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    5. repec:dgr:rugggd:gd-122 is not listed on IDEAS
    6. Umed Temurshoev, 2015. "Uncertainty treatment in input-output analysis," Working Papers 2015-004, Universidad Loyola Andalucía, Department of Economics.
    7. M. Alejandro Cardenete & M. Carmen Delgado & Patricia D. Fuentes & M. Carmen Lima & Alfredo J. Mainar & Jose M. Rueda-Cantuche & Sébastien Mary & Fabien Santini & Sergio Gomez y Paloma, 2015. "Rural-urban social accounting matrixes for modelling the impact of rural development policies in the EU," JRC Research Reports JRC94394, Joint Research Centre.
    8. Tamas Revesz, 2023. "A not sign-preserving iteration algorithm for the ‘Improved Normalized Squared Differences’ matrix adjustment model," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 31(1), pages 49-71, March.
    9. Varela Vázquez, Pedro & Sánchez Carreira, María del Carmen & Pereira López, Xesús, 2014. "Estimación del impacto económico del sector eólico en Galicia en el periodo 2000-2010 || Estimation of the Economic Impact of the Wind Energy Sector in Galicia during 2000-2010," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 18(1), pages 18-33, December.
    10. Vladimir Motorin, 2017. "Enhancing the distance minimization methods of matrix updating within a homothetic paradigm," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 6(1), pages 1-22, December.
    11. Umed Temursho, 2018. "Entropy‐based benchmarking methods," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, vol. 72(4), pages 421-446, November.
    12. Umed Temursho & Manuel Alejandro Cardenete & Krzysztof Wojtowicz & Luis Rey & Matthias Weitzel & Toon Vandyck & Bert Saveyn, 2020. "Projecting input-output tables for model baselines," JRC Research Reports JRC120513, Joint Research Centre.
    13. López, Xesús Pereira & de la Torre Cuevas, Fernando, 2023. "An alternative for tracing the path between supply and use tables in current and constant prices," Structural Change and Economic Dynamics, Elsevier, vol. 67(C), pages 293-302.
    14. Lugovoy, Oleg (Луговой, Олег) & Polbin, Andrey Vladimirovich (Полбин, Андрей Владимирович) & Potashnikоv, Vladimir Yurievich (Поташников, Владимир Юрьевич), 2015. "Bayesian Approach to the Extension of 'Input-Output' Tables [Байесовский Подход К Продлению Таблиц «Затраты–Выпуск»]," Published Papers om31, Russian Presidential Academy of National Economy and Public Administration.
    15. Casiano A. Manrique-de-Lara-Peñate & Dolores R. Santos-Peñate, 2017. "SAM updating using multi-objective optimization techniques," Papers in Regional Science, Wiley Blackwell, vol. 96(3), pages 647-667, August.
    16. Schwärzler, Marion Cornelia & Kronenberg, Tobias, 2016. "Methodology of the National Health Account for Germany - Database, compilation and results," MPRA Paper 73561, University Library of Munich, Germany.

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    Keywords

    Supply; Use; Updating techniques;
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