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Some Comments on the GRAS Method

Author

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  • Manfred Lenzen
  • Richard Wood
  • Blanca Gallego

Abstract

Junius and Oosterhaven (2003) present a RAS matrix balancing variant that can incorporate negative elements in the balancing. There are, however, a couple of issues in the approach described - the first being the handling of zeros in the initial estimate, and the second being the formulation of their minimum-information principle. We present a corrected exposition of GRAS.

Suggested Citation

  • Manfred Lenzen & Richard Wood & Blanca Gallego, 2007. "Some Comments on the GRAS Method," Economic Systems Research, Taylor & Francis Journals, vol. 19(4), pages 461-465.
  • Handle: RePEc:taf:ecsysr:v:19:y:2007:i:4:p:461-465 DOI: 10.1080/09535310701698613
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    Cited by:

    1. DUARTE, Rosa & JIMÉNEZ, Sofía & LANGARITA, Raquel & SÁNCHEZ-CHÓLIZ, Julio, 2015. "Evaluating the structural effects of a big cultural event: the case of the International Expo Zaragoza 2008," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 15(1), pages 65-80.
    2. repec:spr:jecstr:v:6:y:2017:i:1:d:10.1186_s40008-017-0094-7 is not listed on IDEAS
    3. Wiedmann, Thomas, 2009. "A review of recent multi-region input-output models used for consumption-based emission and resource accounting," Ecological Economics, Elsevier, vol. 69(2), pages 211-222, December.
    4. M. Alejandro Cardenete & M. Carmen Delgado & Patricia D. Fuentes & M. Carmen Lima & Alfredo J. Mainar & Jose M. Rueda-Cantuche & Sébastien Mary & Fabien Santini & Sergio Gomez y Paloma, 2015. "Rural-urban social accounting matrixes for modelling the impact of rural development policies in the EU," JRC Working Papers JRC94394, Joint Research Centre (Seville site).
    5. Richard Wood & Konstantin Stadler & Tatyana Bulavskaya & Stephan Lutter & Stefan Giljum & Arjan de Koning & Jeroen Kuenen & Helmut Schütz & José Acosta-Fernández & Arkaitz Usubiaga & Moana Simas & Olg, 2014. "Global Sustainability Accounting—Developing EXIOBASE for Multi-Regional Footprint Analysis," Sustainability, MDPI, Open Access Journal, vol. 7(1), pages 1-26, December.
    6. Schwärzler, Marion Cornelia & Kronenberg, Tobias, 2017. "Methodology of the Multiregional Health Account for Germany - An Iterative Algorithm-Based Multiregionalization Approach of Supply and Use Tables with Emphasis on Health," MPRA Paper 80712, University Library of Munich, Germany.
    7. Luis Enrique Pedauga & Aray, Henry & Velazquez, Agustín, 2016. "A Financial Social Accounting Matrix for the Spanish Economy," EcoMod2016 9490, EcoMod.

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    Keywords

    RAS matrix balancing; GRAS; optimisation;

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