The Choice of Model in the Construction of Input-Output Coefficients Matrices
The construction of input-output coefficients on the basis of flow data is complicated by the presence of secondary outputs. Seven methods to deal with this problem coexist. For example, U.S. input-output requirement tables are based on the so-called industry technology model; Japan adopts the so-called Stone method; while West German tables are based on the so-called commodity technology model. This paper settles the issue on the ground of theory. It postulates invariance and balance axioms, and proceeds to characterize one of the methods to construct input-output coefficients. The commodity technology model is singled out. Copyright 1990 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.
Volume (Year): 31 (1990)
Issue (Month): 1 (February)
|Contact details of provider:|| Postal: 160 McNeil Building, 3718 Locust Walk, Philadelphia, PA 19104-6297|
Phone: (215) 898-8487
Fax: (215) 573-2057
Web page: http://www.econ.upenn.edu/ier
More information through EDIRC
|Order Information:|| Web: http://www.blackwellpublishing.com/subs.asp?ref=0020-6598 Email: |
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.:
- Fukui, Yukio & Seneta, E., 1985. "A theoretical approach to the conventional treatment of joint product in input-output tables," Economics Letters, Elsevier, vol. 18(2-3), pages 175-179.