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Biproportional Techniques in Input-Output Analysis: Table Updating and Structural Analysis

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Author Info
Michael Lahr (Rutgers University, Center for Urban Policy Research)
Louis de Mesnard (University of Burgundy, Faculty of Economics & Regional Economics Application Laboratory, University of Illinois at Urbana-Champaign)

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Abstract

This paper is dedicated to the contributions of Sir Richard Stone, Michael Bacharach, and Philip Israilevich. It starts out with a brief history of biproportional techniques and related matrix balancing algorithms. We then discuss the RAS algorithm developed by Sir Richard Stone and others. We follow that by evaluating the interpretability of the product of the adjustment parameters, generally known as R and S. We then move on to discuss the various formal formulations of other biproportional approaches and discuss what defines an algorithm as “biproportionalâ€. After mentioning a number of competing optimization algorithms that cannot fall under the rubric of being biproportional, we reflect upon how some of their features have been included into the biproportional setting (the ability to fix the value of interior cells of the matrix being adjusted and of incorporating data reliability into the algorithm). We wind up the paper by pointing out some areas that could use further investigation.

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Publisher Info
Paper provided by EconWPA in its series GE, Growth, Math methods with number 0403006.

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Length: 36 pages
Date of creation: 25 Mar 2004
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Handle: RePEc:wpa:wuwpge:0403006

Note: Type of Document - pdf; pages: 36
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Web page: http://129.3.20.41

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Related research
Keywords: Input-Output Economics; RAS; data raking; iterative proportional fitting; estimating missing data;

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Find related papers by JEL classification:
D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
C63 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Computational Techniques

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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.:
  1. A. Bachem & B. Korte, 1981. "Estimating matrices," Metrika, Springer, vol. 28(1), pages 273-286, December. [Downloadable!] (restricted)
  2. Bernadette Andreosso-O'Callaghan, Guoqiang Yue, 2000. "An Analysis of Structural Change in China using Biproportional Methods," Economic Systems Research, Taylor and Francis Journals, vol. 12(1), pages 99-111, March. [Downloadable!] (restricted)
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Cited by:
(explanations, 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.)

  1. Miguel Tarancón & Pablo Río, 2005. "Projection of input--output tables by means of mathematical programming based on the hypothesis of stable structural evolution," Economic Systems Research, Taylor and Francis Journals, vol. 17(1), pages 1-23, March. [Downloadable!] (restricted)
  2. McDonald, S. & Punt, C., 2005. "General equilibrium modelling in South Africa: What the future holds," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 44(1), March. [Downloadable!]
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