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Import Forecasts For Input‐Output Models

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  • John A. Sawyer

Abstract

The paper presents forecasting models for (1) the share of competitive imports in the total demand for a commodity group and (2) the level of demand for competitive imports of a commodity group. The two forecasting models are used, respectively, with (1) input‐output models which incorporate market share parameters as one vector of coefficients and (2) input‐output models which assume imports have been determined autonomously. It is shown that these two types of input‐output models can be made workable by prefixing one or other of the import forecasting models to the input‐output model. Tests are made of the forecasting ability of the combined models.

Suggested Citation

  • John A. Sawyer, 1972. "Import Forecasts For Input‐Output Models," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 18(3), pages 303-311, September.
    • Handle: RePEc:bla:revinw:v:18:y:1972:i:3:p:303-311
    DOI: 10.1111/j.1475-4991.1972.tb00868.x
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