IDEAS home Printed from https://ideas.repec.org/p/rnp/ppaper/om31.html
   My bibliography  Save this paper

Bayesian Approach to the Extension of 'Input-Output' Tables
[Байесовский Подход К Продлению Таблиц «Затраты–Выпуск»]

Author

Listed:
  • Lugovoy, Oleg (Луговой, Олег)

    (Russian presidental academy of national economy and public administration (RANEPA))

  • Polbin, Andrey Vladimirovich (Полбин, Андрей Владимирович)

    (Russian presidental academy of national economy and public administration (RANEPA))

  • Potashnikоv, Vladimir Yurievich (Поташников, Владимир Юрьевич)

    (Russian presidental academy of national economy and public administration (RANEPA))

Abstract

The paper discusses the Bayesian approach to the extension of "input-output" tables. In contrast to the popular methods of extension (RAS, minimizing cross-entropy), the proposed approach uses the technique of sample matrices that allow us to estimate the probability distribution of the coefficients of direct costs for the extension of interbranch balance. This probability distribution is determined by a set (sample) evaluated tables, each of which does not contradict the available data and limitations. Unlike point estimates, stochastic table directly incorporate uncertainty information of each estimated table cells "input-output", given the relationship between them. With a view to testing the proposed method performed experimental evaluation of "input-output" tables of the Russian economy in 2003 based on the tables from 1998-2002.

Suggested Citation

  • Lugovoy, Oleg (Луговой, Олег) & Polbin, Andrey Vladimirovich (Полбин, Андрей Владимирович) & Potashnikоv, Vladimir Yurievich (Поташников, Владимир Юрьевич), 2015. "Bayesian Approach to the Extension of 'Input-Output' Tables [Байесовский Подход К Продлению Таблиц «Затраты–Выпуск»]," Published Papers om31, Russian Presidential Academy of National Economy and Public Administration.
  • Handle: RePEc:rnp:ppaper:om31
    as

    Download full text from publisher

    File URL: https://repec.ranepa.ru/rnp/ppaper/om31.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Heckelei, Thomas & Mittelhammer, Ronald C. & Jansson, Torbjorn, 2008. "A Bayesian Alternative To Generalized Cross Entropy Solutions For Underdetermined Econometric Models," Discussion Papers 56973, University of Bonn, Institute for Food and Resource Economics.
    2. Баранов Эдуард Филаретович & Ким Игорь Александрович & Пионтковский Дмитрий Игоревич & Старицына Елена Алексеевна, 2014. "Вопросы Построения Таблиц «Затраты – Выпуск» России В Международных Классификаторах," Higher School of Economics Economic Journal Экономический журнал Высшей школы экономики, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 18(1), pages 7-42.
    3. Umed Temurshoev & Colin Webb & Norihiko Yamano, 2011. "Projection Of Supply And Use Tables: Methods And Their Empirical Assessment," Economic Systems Research, Taylor & Francis Journals, vol. 23(1), pages 91-123.
    4. Golan, Amos & Judge, George & Robinson, Sherman, 1994. "Recovering Information from Incomplete or Partial Multisectoral Economic Data," The Review of Economics and Statistics, MIT Press, vol. 76(3), pages 541-549, August.
    5. Manfred Lenzen & Maria Cecilia Pinto de Moura & Arne Geschke & Keiichiro Kanemoto & Daniel Dean Moran, 2012. "A Cycling Method For Constructing Input--Output Table Time Series From Incomplete Data," Economic Systems Research, Taylor & Francis Journals, vol. 24(4), pages 413-432, February.
    6. Giorgio Rampa, 2008. "Using Weighted Least Squares to Deflate Input-Output Tables," Economic Systems Research, Taylor & Francis Journals, vol. 20(3), pages 259-276.
    7. Martin Weale, 1988. "The Reconciliation of Values, Volumes and Prices in the National Accounts," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 151(1), pages 211-221, January.
    8. Bárbara Díaz & Antonio Morillas, 2011. "Incorporating uncertainty in the coefficients and multipliers of an IO table: A case study," Papers in Regional Science, Wiley Blackwell, vol. 90(4), pages 845-861, November.
    9. R. E. Quandt, 1958. "Probabilistic errors in the leontief system," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 5(2), pages 155-170, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Umed Temurshoev, 2015. "Uncertainty treatment in input-output analysis," Working Papers 2015-004, Universidad Loyola Andalucía, Department of Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marc Mueller & Emanuele Ferrari, 2012. "Social Accounting Matrices and Satellite Accounts for EU27 on NUTS2 Level (SAMNUTS2)," JRC Research Reports JRC73088, Joint Research Centre.
    2. Mueller, Marc & Ferrari, Emanuele, 2011. "Deriving CGE Baselines from Macro-economic Projections," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114638, European Association of Agricultural Economists.
    3. Korinek, Jane & Le Cocguic, Jean & Sourdin, Patricia, 2010. "The availability and cost of short-term trade finance and its impact on trade," Conference papers 331989, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. Umed Temursho & Manuel Alejandro Cardenete & Krzysztof Wojtowicz & Luis Rey & Matthias Weitzel & Toon Vandyck & Bert Saveyn, 2020. "Projecting input-output tables for model baselines," JRC Research Reports JRC120513, Joint Research Centre.
    5. M. Alejandro Cardenete & M. Carmen Delgado & Patricia D. Fuentes & M. Carmen Lima & Alfredo J. Mainar & Jose M. Rueda-Cantuche & Sébastien Mary & Fabien Santini & Sergio Gomez y Paloma, 2015. "Rural-urban social accounting matrixes for modelling the impact of rural development policies in the EU," JRC Research Reports JRC94394, Joint Research Centre.
    6. Jakub Boratyński, 2016. "A Bayesian Approach to Matrix Balancing: Transformation of Industry-Level Data under NACE Revision," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 8(4), pages 219-239, December.
    7. Umed Temurshoev, 2015. "Uncertainty treatment in input-output analysis," Working Papers 2015-004, Universidad Loyola Andalucía, Department of Economics.
    8. López, Xesús Pereira & de la Torre Cuevas, Fernando, 2023. "An alternative for tracing the path between supply and use tables in current and constant prices," Structural Change and Economic Dynamics, Elsevier, vol. 67(C), pages 293-302.
    9. Casiano A. Manrique-de-Lara-Peñate & Dolores R. Santos-Peñate, 2017. "SAM updating using multi-objective optimization techniques," Papers in Regional Science, Wiley Blackwell, vol. 96(3), pages 647-667, August.
    10. Louhichi, Kamel & Ciaian, Pavel & Espinosa, Maria & Colen, Liesbeth & Perni, Angel & Paloma, Sergio, 2015. "The Impact of Crop Diversification Measure: EU-wide Evidence Based on IFM-CAP Model," 2015 Conference, August 9-14, 2015, Milan, Italy 211542, International Association of Agricultural Economists.
    11. José M. Rueda-Cantuche & Tamas Revesz & Antonio F. Amores & Agustín Velázquez & Marian Mraz & Emanuele Ferrari & Alfredo J. Mainar-Causapé & Letizia Montinari & Bert Saveyn, 2020. "Improving the European input–output database for global trade analysis," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 9(1), pages 1-16, December.
    12. Wang, Zhi & Gehlhar, Mark & Yao, Shunli, 2010. "A globally consistent framework for reliability-based trade statistics reconciliation in the presence of an entrepôt," China Economic Review, Elsevier, vol. 21(1), pages 161-189, March.
    13. Jensen, Henning Tarp & Keogh-Brown, Marcus R. & Shankar, Bhavani & Aekplakorn, Wichai & Basu, Sanjay & Cuevas, Soledad & Dangour, Alan D. & Gheewala, Shabbir H. & Green, Rosemary & Joy, Edward J.M. & , 2019. "Palm oil and dietary change: Application of an integrated macroeconomic, environmental, demographic, and health modelling framework for Thailand," Food Policy, Elsevier, vol. 83(C), pages 92-103.
    14. Hyndman, Rob J. & Ahmed, Roman A. & Athanasopoulos, George & Shang, Han Lin, 2011. "Optimal combination forecasts for hierarchical time series," Computational Statistics & Data Analysis, Elsevier, vol. 55(9), pages 2579-2589, September.
    15. Alexander Gocht & Pavel Ciaian & Maria Bielza & Jean-Michel Terres & Norbert Röder & Mihaly Himics & Guna Salputra, 2016. "Economic and environmental impacts of CAP greening: CAPRI simulation results," JRC Research Reports JRC102519, Joint Research Centre.
    16. Amos Golan & Stephen Vogel, 2000. "Estimation of Non-Stationary Social Accounting Matrix Coefficients with Supply-Side Information," Economic Systems Research, Taylor & Francis Journals, vol. 12(4), pages 447-471.
    17. Hugo Storm & Thomas Heckelei & Ron C. Mittelhammer, 2016. "Bayesian estimation of non-stationary Markov models combining micro and macro data," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 43(2), pages 303-329.
    18. Araújo, Inácio Fernandes de & Perobelli, Fernando Salgueiro & Faria, Weslem Rodrigues, 2021. "Regional and global patterns of participation in value chains: Evidence from Brazil," International Economics, Elsevier, vol. 165(C), pages 154-171.
    19. Uwe Blien & Friedrich Graef, 2013. "The ADETON method," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 33(2), pages 135-150, October.
    20. Corong, Erwin, 2010. "Global economic crisis, gender and poverty in the Philippines," Conference papers 331939, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnp:ppaper:om31. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RANEPA maintainer (email available below). General contact details of provider: https://edirc.repec.org/data/aneeeru.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.