Advanced Search
MyIDEAS: Login to save this paper or follow this series

Bayesian Integration of Large Scale SNA Data Frameworks with an Application to Guatemala


Author Info

  • Tongeren, J.W. Van
  • Magnus, J.R.

    (Tilburg University, Center for Economic Research)

Registered author(s):


    We present a Bayesian estimation method applied to an extended set of national accounts data and estimates of approximately 2500 variables. The method is based on conventional national accounts frameworks as compiled by countries in Central America, in particular Guatemala, and on concepts that are defined in the international standards of the System of National Accounts. Identities between the variables are exactly satisfied by the estimates. The method uses ratios between the variables as Bayesian conditions, and introduces prior reliabilities of values of basic data and ratios as criteria to adjust these values in order to satisfy the conditions. The paper not only presents estimates and precisions, but also discusses alternative conditions and reliabilities, in order to test the impact of framework assumptions and carry out sensitivity analyses. These tests involve, among others, the impact on Bayesian estimates of limited annual availability of data, of very low reliabilities (close to non-availability) of price indices, of limited availability of important administrative and survey data, and also the impact of aggregation of the basic data. We introduce the concept of `tentative' estimates that are close to conventional national accounts estimates, in order to establish a close link between the Bayesian estimation approach and conventional national accounting.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (Richard Broekman)
    Download Restriction: no

    Bibliographic Info

    Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2011-022.

    as in new window
    Date of creation: 2011
    Date of revision:
    Handle: RePEc:dgr:kubcen:2011022

    Contact details of provider:
    Web page:

    Related research

    Keywords: Macro accounts; system of national accounts; data frameworks; ratios; reliability; Bayesian estimation; sensitivity analysis; aggregation;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:


    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. José M. Rueda-Cantuche & Thijs Ten Raa, 2013. "Testing Assumptions Made In The Construction Of Input--Output Tables," Economic Systems Research, Taylor & Francis Journals, vol. 25(2), pages 170-189, March.
    Full references (including those not matched with items on IDEAS)


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

    Cited by:
    1. Temel, Tugrul, 2011. "Estimation of a system of national accounts: implementation with mathematica," MPRA Paper 35446, University Library of Munich, Germany.


    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:dgr:kubcen:2011022. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Richard Broekman).

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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