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Whither Panama? Constructing a Consistent and Balanced World SUT System including International Trade and Transport Margins


  • Robert Stehrer

    () (The Vienna Institute for International Economic Studies, wiiw)

  • Gerhard Streicher


This paper aims to complement work done within the WIOD project (the ‘World Input Output Database’ project financed by the EU’s Seventh Framework Programme), which compiled supply and use tables for 40 countries, covering about 85% of the world economy. The paper describes the derivation of international trade and transport margins (TIR services) together with a consistent and balanced system of supply and use tables at the world level. As a by-product, this also yields supply and use tables including valuation matrices for the Rest of the World, the approximately 15% of the world economy not covered by the 40 countries included in the WIOD database. The procedure assures a ‘balanced world economy’ with respect to trade in all goods and services.

Suggested Citation

  • Robert Stehrer & Gerhard Streicher, 2013. "Whither Panama? Constructing a Consistent and Balanced World SUT System including International Trade and Transport Margins," wiiw Working Papers 94, The Vienna Institute for International Economic Studies, wiiw.
  • Handle: RePEc:wii:wpaper:94

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    References listed on IDEAS

    1. Marcel Timmer & Abdul A. Erumban & Reitze Gouma & Bart Los & Umed Temurshoev & Gaaitzen J. de Vries & I–aki Arto & Valeria Andreoni AurŽlien Genty & Frederik Neuwahl & JosŽ M. Rueda?Cantuche & Joseph , 2012. "The World Input-Output Database (WIOD): Contents, Sources and Methods," IIDE Discussion Papers 20120401, Institue for International and Development Economics.
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    Cited by:

    1. 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.
    2. N. N., 2017. "WIFO-Monatsberichte, Heft 4/2017," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(4), April.
    3. 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.
    4. Mika, Alina, 2017. "Home sweet home: the home bias in trade in the European Union," Working Paper Series 2046, European Central Bank.
    5. 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.
    6. Daniel Dujava & Maria Siranova, 2017. "Getting the Measures of Trade Misinvoicing Right: Bilateral Panel Data Approach," Working Papers wp98, Institute of Economic Research, SAS, revised 20 Dec 2017.
    7. Michael Peneder & Gerhard Streicher, 2016. "De- versus Re-industrialisation: Is Structural Change Reversible?," WIFO Working Papers 506, WIFO.
    8. 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.
    9. 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.
    10. 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.
    11. 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.
    12. 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.
    13. 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


    transport margins; supply and use tables; world modelling;

    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


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