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Measuring Commodities' Commodity Content

Author

Listed:
  • Antonio Manresa
  • Ferran Sancho
  • Josep Maria Vegara

Abstract

Within the standard linear framework, a methodology, formally similar to the labour theory of value, is proposed to compute the direct and indirect commodity contents of any produced good. The proposal is then compared with the more familiar social accounting matrix (SAM) accounting procedure, using an appropriate partitioning of the SAM accounts. Some numerical results are then obtained and compared using a recently compiled SAM for Catalonia. The empirical results show the practical feasibility of the proposed methodology.

Suggested Citation

  • Antonio Manresa & Ferran Sancho & Josep Maria Vegara, 1998. "Measuring Commodities' Commodity Content," Economic Systems Research, Taylor & Francis Journals, vol. 10(4), pages 357-365.
    • Handle: RePEc:taf:ecsysr:v:10:y:1998:i:4:p:357-365
    DOI: 10.1080/09535319800000026
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    References listed on IDEAS

    as
    1. Pyatt, F Graham & Round, Jeffery I, 1979. "Accounting and Fixed Price Multipliers in a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 89(356), pages 850-873, December.
    2. Pyatt, Graham, 1988. "A SAM approach to modeling," Journal of Policy Modeling, Elsevier, vol. 10(3), pages 327-352.
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    Cited by:

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    2. Velazquez, Esther, 2006. "An input-output model of water consumption: Analysing intersectoral water relationships in Andalusia," Ecological Economics, Elsevier, vol. 56(2), pages 226-240, February.
    3. Esther Velazquez Alonso, 2003. "Analyzing Intersectorial Water Relationships by means of Graph Theory," ERSA conference papers ersa03p256, European Regional Science Association.
    4. VELÁZQUEZ ALONSO Esther, 2010. "An Input-Output Model of Water Consumption: Analysing Intersectoral Water Relationships in Andalusia," EcoMod2003 330700149, EcoMod.
    5. Takao Fujimoto & Arrigo Opocher, 2010. "Commodity Content In A General Input–Output Model," Metroeconomica, Wiley Blackwell, vol. 61(3), pages 442-453, July.
    6. Esther Velázquez Alonso, 2003. "Modelo Input-Output de Agua. Análisis de las relaciones intersectoriales de agua en Andalucía," Economic Working Papers at Centro de Estudios Andaluces E2003/01, Centro de Estudios Andaluces.
    7. Esther Velázquez Alonso, 2003. "La Teoría de Grafos aplicada al estudio del consumo sectorial de agua en Andalucía," Economic Working Papers at Centro de Estudios Andaluces E2003/15, Centro de Estudios Andaluces.

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