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Updating China's input-output tables series using MTT method and its comparison

Author

Listed:
  • Zheng, Haitao
  • Fang, Qi
  • Wang, Cheng
  • Jiang, Yunyun
  • Ren, Ruoen

Abstract

The input-output (IO) table is the core of IO techniques. It is widely applied in discovering economic structure, analyzing international trade and accounting for emissions. However, its timeliness limits the popularity of IO data. The paper provides an effective method to forecast and update national IO tables. We apply the matrix transformation technique (MTT)-based forecasting method on China's 42-sector IO tables in 1992–2020 and build up a database named China Input-Output Database (CIOD). Then, we compare the CIOD with other three main databases that also provide China's IO tables. The result shows the CIOD data match the real data by China's National Bureau of Statistics (NBS) best. It demonstrates the effectiveness of our method.

Suggested Citation

  • 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.
    • Handle: RePEc:eee:ecmode:v:74:y:2018:i:c:p:186-193
    DOI: 10.1016/j.econmod.2018.05.011
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    Cited by:

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    2. Gurgul, Henryk & Lach, Łukasz, 2019. "Eco-efficiency analysis in generalized IO models: Methods and examples," MPRA Paper 96604, University Library of Munich, Germany.
    3. Zhangqi, Zhong & Zhuli, Chen & Lingyun, He, 2022. "Technological innovation, industrial structural change and carbon emission transferring via trade-------An agent-based modeling approach," Technovation, Elsevier, vol. 110(C).
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    5. Chen, Quanrun & Chen, Xikang & Pei, Jiansuo & Yang, Cuihong & Zhu, Kunfu, 2020. "Estimating domestic content in China’s exports: Accounting for a dual-trade regime," Economic Modelling, Elsevier, vol. 89(C), pages 43-54.
    6. Peng Zheng & Lingling Zhu & Wei Lu & Xin Yao, 2021. "The effects of electricity substitution in Fujian: based on microdata survey," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(6), pages 9320-9335, June.
    7. Ewa Cieślik, 2020. "Cross-Sectoral Inter-Country Linkages under the Belt and Road Initiative: Chinese ICT Services Value Added Inflows to Manufacturing Exports in the New Eurasian Land Bridge Economies," Sustainability, MDPI, vol. 12(20), pages 1-20, October.

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    More about this item

    Keywords

    Input-output table series; MTT method; Updating; Forecasting; Performance comparison;
    All these keywords.

    JEL classification:

    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access

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