IDEAS home Printed from https://ideas.repec.org/a/taf/specan/v15y2020i1p62-91.html
   My bibliography  Save this article

The efficiency of the cross-entropy method when estimating the technical coefficients of input–output tables

Author

Listed:
  • Giuseppe R. Lamonica
  • Maria C. Recchioni
  • Francesco M. Chelli
  • Luca Salvati

Abstract

Updating or estimating regional input–output tables is a challenging task addressed with non-survey methods. These can be classified into two groups: location quotient (LQ) methods and constrained matrix-balancing methods. This paper focuses on the second group and, specifically, on the performance of the cross-entropy method (CE). The most important finding is that the RAS method slightly outperforms the CE method on average, but its efficiency varies greatly from country to country. On the contrary, the performance of the CE method is more stable over countries and time. More interestingly, a fair implementation of the CE method boosted by the Flegg location quotient (FLQ) method outperforming the competing CE approach in terms of accuracy.

Suggested Citation

  • Giuseppe R. Lamonica & Maria C. Recchioni & Francesco M. Chelli & Luca Salvati, 2020. "The efficiency of the cross-entropy method when estimating the technical coefficients of input–output tables," Spatial Economic Analysis, Taylor & Francis Journals, vol. 15(1), pages 62-91, January.
    • Handle: RePEc:taf:specan:v:15:y:2020:i:1:p:62-91
    DOI: 10.1080/17421772.2019.1615634
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17421772.2019.1615634
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17421772.2019.1615634?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Luca Salvati, 2022. "Exploring long-term urban cycles with multivariate time-series analysis," Environment and Planning B, , vol. 49(4), pages 1212-1227, May.
    2. Xesús Pereira-López & Napoleón Guillermo Sánchez-Chóez & Melchor Fernández-Fernández, 2021. "Performance of bidimensional location quotients for constructing input–output tables," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 10(1), pages 1-16, December.
    3. Enrico Maria Mosconi & Andrea Colantoni & Filippo Gambella & Eva Cudlinová & Luca Salvati & Jesús Rodrigo-Comino, 2020. "Revisiting the Environmental Kuznets Curve: The Spatial Interaction between Economy and Territory," Economies, MDPI, vol. 8(3), pages 1-20, September.
    4. Rosanna Salvia & Gianluca Egidi & Luca Salvati & Jesús Rodrigo-Comino & Giovanni Quaranta, 2020. "In-Between ‘Smart’ Urban Growth and ‘Sluggish’ Rural Development? Reframing Population Dynamics in Greece, 1940–2019," Sustainability, MDPI, vol. 12(15), pages 1-18, July.
    5. Salvati, Luca, 2023. "Two wrongs don't make a right: A multi-step decomposition of latent dimensions of sustainable development and desertification risk in Italy," Ecological Economics, Elsevier, vol. 212(C).
    6. Kostas Rontos & Maria-Eleni Syrmali & Luca Salvati & Ioannis Vavouras, 2024. "Competitiveness, corruption, and income inequalities: approaching the ‘Janus’ face of development with simultaneous equation modelling," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(1), pages 343-364, February.
    7. Anthony T. Flegg & Guiseppe R. Lamonica & Francesco M. Chelli & Maria C. Recchioni & Timo Tohmo, 2021. "A new approach to modelling the input–output structure of regional economies using non-survey methods," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 10(1), pages 1-31, December.
    8. Gianluca Egidi & Luca Salvati & Andrea Falcone & Giovanni Quaranta & Rosanna Salvia & Renata Vcelakova & Antonio Giménez-Morera, 2021. "Re-Framing the Latent Nexus between Land-Use Change, Urbanization and Demographic Transitions in Advanced Economies," Sustainability, MDPI, vol. 13(2), pages 1-17, January.
    9. Vinci, Sabato & Bartolacci, Francesca & Salvia, Rosanna & Salvati, Luca, 2022. "Housing markets, the great crisis, and metropolitan gradients: Insights from Greece, 2000–2014," Socio-Economic Planning Sciences, Elsevier, vol. 80(C).
    10. Leonardo Bianchini & Alvaro Marucci & Adele Sateriano & Valerio Di Stefano & Riccardo Alemanno & Andrea Colantoni, 2021. "Urbanization and Long-Term Forest Dynamics in a Metropolitan Region of Southern Europe (1936–2018)," Sustainability, MDPI, vol. 13(21), pages 1-13, November.
    11. Federico Benassi & Alessia Naccarato & Luca Salvati, 2023. "Testing Taylor’s Law in Urban Population Dynamics Worldwide with Simultaneous Equation Models," Economies, MDPI, vol. 11(2), pages 1-17, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:specan:v:15:y:2020:i:1:p:62-91. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RSEA20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.