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The choice of model in the construction of input-output coefficients matrices

Author

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  • Ten Raa, M.H.

    (Tilburg University, Center For Economic Research)

  • Jansen, P.

Abstract

The construction of input-output coefficients on the basis of flow data is complicated by the presence of secondary outputs. Seven methods to deal with this problem coexist. For example, U.S. input-output requirement tables are based on the so-called industry technology model; Japan adopts the so-called Stone method; while West German tables are based on the so-called commodity technology model. This paper settles the issue on the ground of theory. It postulates invariance and balance axioms, and proceeds to characterize one of the methods to construct input-output coefficients. The commodity technology model is singled out. Copyright 1990 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Ten Raa, M.H. & Jansen, P., 1989. "The choice of model in the construction of input-output coefficients matrices," Discussion Paper 1989-1, Tilburg University, Center for Economic Research.
    • Handle: RePEc:tiu:tiucen:ec1f3f91-c422-49c9-aa77-edfb4673a21e
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    File URL: https://pure.uvt.nl/ws/portalfiles/portal/1151432/TTRPKJ5620382.pdf
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    References listed on IDEAS

    as
    1. Fukui, Yukio & Seneta, E., 1985. "A theoretical approach to the conventional treatment of joint product in input-output tables," Economics Letters, Elsevier, vol. 18(2-3), pages 175-179.
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    More about this item

    Keywords

    Models;

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F37 - International Economics - - International Finance - - - International Finance Forecasting and Simulation: Models and Applications
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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