IDEAS home Printed from https://ideas.repec.org/a/taf/ecsysr/v27y2015i2p213-237.html

Whither Panama? Constructing A Consistent And Balanced World Sut System Including International Trade And Transport Margins

Author

Listed:
  • Gerhard Streicher
  • Robert Stehrer

Abstract

This paper extends work done within the World Input-Output Database project (WIOD), which compiled supply and use tables (SUTs) for 40 countries, covering about 85% of the world economy, by adding SUTs for the "rest of the world" (RoW), the approximately 15% of the world economy not covered by the 40 countries included in the WIOD database, ensuring a consistent and balanced world SUT system. The term "consistency" means that at the world level, all flows of goods and services balance, properly accounting for trade and transport services used in international trade (the "cif-fob difference"). This results in SUTs for the RoW which, together with bilateral trade matrices for all commodities (and together with the 40 national SUTs from the WIOD project), describe a consistent SUT system at the world level.

Suggested Citation

  • Gerhard Streicher & Robert Stehrer, 2015. "Whither Panama? Constructing A Consistent And Balanced World Sut System Including International Trade And Transport Margins," Economic Systems Research, Taylor & Francis Journals, vol. 27(2), pages 213-237, June.
    • Handle: RePEc:taf:ecsysr:v:27:y:2015:i:2:p:213-237
    DOI: 10.1080/09535314.2014.991777
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09535314.2014.991777
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09535314.2014.991777?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or

    for a different version of it.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kurt Kratena & Mark Sommer & Gerhard Streicher & Simone Salotti & Juan Manuel Valderas Jaramillo, 2017. "FIDELIO 2: Overview and Theoretical Foundations of the Second Version of the Fully Interregional Dynamic Econometric Long-term Input-Output Model for the EU 27," WIFO Studies, WIFO, number 61880.
    2. Marcel P. Timmer & Erik Dietzenbacher & Bart Los & Robert Stehrer & Gaaitzen J. Vries, 2015. "An Illustrated User Guide to the World Input–Output Database: the Case of Global Automotive Production," Review of International Economics, Wiley Blackwell, vol. 23(3), pages 575-605, August.
    3. Jingwen Huo & Peipei Chen & Klaus Hubacek & Heran Zheng & Jing Meng & Dabo Guan, 2022. "Full‐scale, near real‐time multi‐regional input–output table for the global emerging economies (EMERGING)," Journal of Industrial Ecology, Yale University, vol. 26(4), pages 1218-1232, August.
    4. Jan-Maarten de Vet & Andreas Pauer & Erik Merkus & Paul Baker & Ana Rosa Gonzalez-Martinez & Tamas Kiss-Galfalvi & Gerhard Streicher & Ana Rincon-Aznar, 2018. "Competitiveness of the European Cement and Lime Sectors," WIFO Studies, WIFO, number 61003.
    5. Wifo, 2017. "WIFO-Monatsberichte, Heft 4/2017," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(4), April.
    6. Gerhard Streicher & Oliver Fritz & Fabian Gabelberger, 2017. "Österreich 2025 – Regionale Aspekte weltweiter Wertschöpfungsketten. Die österreichischen Bundesländer in der Weltwirtschaft," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(4), pages 347-367, April.
    7. Stefan Schönfelder & Gerhard Streicher & Johan Gille & Frank Trosky, 2015. "Employment Effects of Increased Inland Waterway Transport in the Danube Region," WIFO Working Papers 497, WIFO.
    8. Kurt Kratena & Gerhard Streicher, 2017. "Fiscal Policy Multipliers and Spillovers in a Multi-Regional Macroeconomic Input-Output Model," WIFO Working Papers 540, WIFO.
    9. Kirill Muradov, 2017. "Trade costs and borders in global value chains," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 153(3), pages 487-509, August.
    10. Gerhard Streicher, 2023. "Building CERN's Future Circular Collider. An Estimation of Its Impact on Value Added and Employment," WIFO Studies, WIFO, number 69927.
    11. Tian, Wei & Wu, Xinhong, 2024. "Distribution margins and distribution-oriented FDI: Evidence from China," Emerging Markets Review, Elsevier, vol. 62(C).
    12. Dujava, Daniel & Siranova, Maria, 2022. "Is it me or you? A deeper insight into profile of misreporting economies," The Quarterly Review of Economics and Finance, Elsevier, vol. 83(C), pages 10-25.
    13. Elisabeth Christen & Bettina Meinhart & Franz Sinabell & Gerhard Streicher, 2021. "Transportkostenwahrheit im internationalen Handel," WIFO Studies, WIFO, number 67045.
    14. Stefan Ederer & Gerhard Streicher, 2023. "Makroökonomische Effekte einer Arbeitszeitanpassung in Österreich," WIFO Studies, WIFO, number 70374.
    15. Muradov, Kirill, 2016. "Trade costs and borders in the world of global value chains," Conference papers 332697, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    16. Mika, Alina, 2017. "Home sweet home: the home bias in trade in the European Union," Working Paper Series 2046, European Central Bank.
    17. Erik Dietzenbacher & Bart Los & Robert Stehrer & Marcel Timmer & Gaaitzen de Vries, 2013. "The Construction Of World Input-Output Tables In The Wiod Project," Economic Systems Research, Taylor & Francis Journals, vol. 25(1), pages 71-98, March.
    18. Werner Hölzl & Serguei Kaniovski & Bettina Meinhart & Franz Sinabell & Gerhard Streicher, 2023. "Wettbewerbsfähigkeit der österreichischen Industrie bei weiterhin hohen Energiepreisen," WIFO Studies, WIFO, number 70789.
    19. Daniel Dujava & Maria Siranova, 2017. "Getting the Measures of Trade Misinvoicing Right: Bilateral Panel Data Approach," Working Papers wp98, Institute of Economic Research, Slovak Academy of Sciences, revised 20 Dec 2017.
    20. Oliver Reiter & Robert Stehrer, 2018. "Trade Policies and Integration of the Western Balkans," wiiw Working Papers 148, The Vienna Institute for International Economic Studies, wiiw.
    21. Gerhard Streicher, 2015. "Using the FIDELIO Model to Estimate the Effects of the Tax Reform 2015-16 on Net Output," WIFO Bulletin, WIFO, vol. 20(23), pages 266-272, December.
    22. Michael Peneder & Gerhard Streicher, 2016. "De- versus Re-industrialisation: Is Structural Change Reversible?," WIFO Working Papers 506, WIFO.
    23. Gerhard Streicher, 2015. "Schätzung der Auswirkungen der Steuerreform 2015/16 auf die Wertschöpfung mit dem Modell FIDELIO," WIFO Monatsberichte (monthly reports), WIFO, vol. 88(5), pages 417-424, May.

    More about this item

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • F15 - International Economics - - Trade - - - Economic Integration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ecsysr:v:27:y:2015:i:2:p:213-237. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CESR20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.