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Algunas consideraciones acerca de los modelos input-output rectangulares

Author

Listed:
  • Xesús Pereira López

    (Economía Cuantitativa-IDEGA, USC)

  • Melchor Fernández Fernández

    (Fundamentos del Análisis Económico-IDEGA, USC)

  • André Carrascal Incera

    (IDEGA, USC)

Abstract

In economic studies, optimal use of known information should be paramount. But this requirement is usually neglected in economic modeling based on supply-use tables (SUTs). In SUT format the number of products is higher than the number of industries, and the usual practice is to aggregate products to obtain square matrices, with the subsequent loss of information. This should not be case, as rectangular matrices can be directly used for modeling by the methods of generalized inversion. The aim of this working paper is to highlight that there is no need to elaborate symmetric input- output tables (SIOTs). After describing SIOT-building procedures using the product technology and the industry technology hypotheses, the paper presents an example that illustrates the different options available for economic analysis in the SUTs context.

Suggested Citation

  • Xesús Pereira López & Melchor Fernández Fernández & André Carrascal Incera, 2012. "Algunas consideraciones acerca de los modelos input-output rectangulares," Documentos de trabajo - Analise Economica 0049, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
    • Handle: RePEc:edg:anecon:0049
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    References listed on IDEAS

    as
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    3. Ana-Isabel Guerra & Ferran Sancho, 2011. "Revisiting The Original Ghosh Model: Can It Be More Plausible?," Working Papers 11.02, Universidad Pablo de Olavide, Department of Economics.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Moore-Penrose inverse; input-output; rectangular models; supply-use tables;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis

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