Use Tables for Imported Goods and Valuation Matrices for Trade Margins— an Integrated Approach for the Compilation of the Belgian 1995 Input-Output Tables
This paper describes the compilation of the use table for imported goods and the valuation matrix of trade margins for Belgium in 1995. It introduces the methodological novelty of integrating the compilation of both tables and systematically exploiting the fact that large import and export flows do not generate trade margins. This is notably the case for direct imports for intermediate consumption or investment by non-traders, and direct exports by producers. For identifying these trade flows, extensive use was made of intrastat and extrastat data. The results are compared with those of a proportional distribution of imports and trade margins. Many statistical offices resort to the latter approach because of a lack of survey data on the destination of trade margins and imports. We demonstrate that the integrated approach can improve the quality of both the import matrix and the valuation matrix for trade margins, while using only existing data sources.
Volume (Year): 16 (2004)
Issue (Month): 1 ()
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