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Joint estimation of supply and use tables

Author

Listed:
  • Temurshoev, Umed
  • Timmer, Marcel P.

Abstract

We apply the RAS updating idea for the joint estimation of supply and use tables (SUTs). In contrast to standard inputoutput techniques, our approach does not require the availability of total outputs by product for the projection year(s). This condition is usually not met in practice. The algorithm, called the SUTRAS method, jointly estimates SUTs that are immediately consistent. It is applicable to different settings of SUTs, such as the frameworks with basic prices and purchasers' prices, and a setting in which use tables are separated into domestic and imported uses. Our empirical evaluations show that the SUTRAS method improves upon existing shortcut methods in projection of Spanish SUTs.

Suggested Citation

Handle: RePEc:eee:paresc:v:90:y:2011:i:4:p:863-883
DOI: 10.1111/j.1435-5957.2010.00345.x
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JEL classification:

  • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
  • C89 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other
  • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis

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