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Input–Output Table for India 2013–2014: Based on the New Series of National Accounts Statistics and Supply and the Use Table

Author

Listed:
  • Kanhaiya Singh

    (Kanhaiya Singh is Senior Fellow, National Council of Applied Economic Research, New Delhi, India, email: kshingh@ncaer.org)

  • M.R. Saluja

    (M.R. Saluja is Distinguished Fellow, India Development Foundation, Gurugram, Haryana, India, and Senior Consultant at the National Council of Applied Economic Research, New Delhi, India.)

Abstract

In our study, we attempt to produce a more up-to-date input–output (I-O) table for India based on the supply and use table (SUT) of the economy and the new series of National Accounts Statistics (NAS). The resulting table has been used to estimate output multipliers for 25 sectors, and these have been compared with multipliers from the last set of I-O officially estimated for the country in 2007–2008. A key difference between the two sets of tables is the inclusion of inputs in the public administration sector in the more recent one, as a result of which the Type-I multiplier of this sector is greater than one in the latter table compared to one in the former. For the same reason, the Type-II multipliers obtained from the 2013–2014 I-O table are broadly higher than those obtained from the 2007–2008 I-O table. Validation has also been done by comparing gross value added (GVA) as a basic price obtained from the national accounts data for 2013–2014 with the GVA arrived at from the constructed I-O table. JEL Classification: C-67, E01

Suggested Citation

  • Kanhaiya Singh & M.R. Saluja, 2018. "Input–Output Table for India 2013–2014: Based on the New Series of National Accounts Statistics and Supply and the Use Table," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 12(2), pages 197-223, May.
    • Handle: RePEc:sae:mareco:v:12:y:2018:i:2:p:197-223
    DOI: 10.1177/0973801017753258
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    1. Kanhaiya Singh & M.R. Saluja, 2016. "Input–Output Table for India: 2013-14," NCAER Working Papers 111, National Council of Applied Economic Research.
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    Cited by:

    1. Tandon, Anjali, 2022. "Employment implications of India’s international trade – A macro view based on Input-Output analysis," MPRA Paper 112778, University Library of Munich, Germany.
    2. Li,Yue - ETICI & Sinha Roy,Sutirtha, 2020. "The Employment Effect of Place-Based Policies : Evidence from India," Policy Research Working Paper Series 9477, The World Bank.
    3. Basanta K Pradhan & Chetana Chaudhuri & M. R. Saluja, 2020. "Constructing an Input-Output Table for Odisha for 2013-14," IEG Working Papers 396, Institute of Economic Growth.
    4. Tandon, Anjali, 2022. "Assessing structural coherence with factor proportions of tradable sectors in Indian economy," MPRA Paper 112779, University Library of Munich, Germany.
    5. Deb Kusum Das & Prateek Kukreja, 2020. "Value Addition, Jobs and Skills: A Study of India's Exports," Indian Council for Research on International Economic Relations (ICRIER) Working Paper 392, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.

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    More about this item

    Keywords

    Input – Output Table; Supply and Use Table; India; Multiplier Effects;
    All these keywords.

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

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