Projection of Supply and Use Tables: Methods and their Empirical Assessment

We present eight existing projection methods and test their relative performance in estimating Supply and Use tables (SUTs) of the Netherlands and Spain. Some of the methods presented have received little attention in the literature, and some have been slightly revised to better deal with negative elements and preserve the signs of original matrix entries. We find that (G)RAS and the methods proposed by Harthoorn and van Dalen (1987) and Kuroda (1988) produce the best estimates for the data in question. Their relative success also suggests the stability of ratios of larger transactions.

[1]  Larry V. St. Louis,et al.  EMPIRICAL TESTS OF SOME SEMI‐SURVEY UPDATE PROCEDURES APPLIED TO RECTANGULAR INPUT‐OUTPUT TABLES* , 1989 .

[2]  Robert McDougall Entropy Theory and RAS are Friends , 1999 .

[3]  Jan Oosterhaven,et al.  The Solution of Updating or Regionalizing a Matrix with both Positive and Negative Entries , 2003 .

[4]  Ali Reza Jalili,et al.  Evaluating Relative Performances of Four Non-Survey Techniques of Updating Input-Output Coefficients , 2000 .

[5]  Donald A. Gilchrist,et al.  Completing Input–Output Tables using Partial Information, with an Application to Canadian Data , 1999 .

[6]  Evgueni A. Haroutunian,et al.  Information Theory and Statistics , 2011, International Encyclopedia of Statistical Science.

[7]  Malachy Carey,et al.  A Method for Direct Estimation of Origin/Destination Trip Matrices , 1981 .

[8]  Robert Schoen,et al.  Estimating multistate transition rates from population distributions , 2003 .

[9]  David Voas,et al.  Evaluating Goodness-of-Fit Measures for Synthetic Microdata , 2001 .

[10]  W. Leontief,et al.  The structure of American economy, 1919-1929 : an empirical application of equilibrium analysis , 1942 .

[11]  R C Hinojosa A Performance Test of the Biproportional Adjustment of Input—Output Coefficients , 1978 .

[12]  Bhat Pn,et al.  Estimating transition probabilities of age misstatement. , 1990 .

[13]  Michael Bacharach,et al.  Biproportional matrices & input-output change , 1970 .

[14]  Manfred Lenzen,et al.  Some Comments on the GRAS Method , 2007 .

[15]  Philip Rees,et al.  Regional population projection models and accounting methods , 1979 .

[16]  Ron Johnston,et al.  Entropy-Maximizing and the Iterative Proportional Fitting Procedure , 1993 .

[17]  Sherman Robinson,et al.  Recovering Information from Incomplete or Partial Multisectoral Economic Data , 1994 .

[18]  Dennis J. Snower,et al.  New Methods of Updating Input–Output Matrices , 1990 .

[19]  Louis de Mesnard,et al.  A Note on Added Information in the Ras Procedure: Reexamination of Some Evidence , 2006 .

[20]  Iain Buchanan,et al.  A QUADRATIC PROGRAMMING APPROACH TO INPUT‐OUTPUT ESTIMATION AND SIMULATION* , 1984 .

[21]  Jose M. Pavía,et al.  Updating input–output matrices: assessing alternatives through simulation , 2009 .

[22]  Randall W. Jackson,et al.  Regionalizing National Commodity-by-Industry Accounts , 1998 .

[23]  Ashok Parikh,et al.  Forecasts of Input-Output Matrices Using the R.A.S. Method , 1979 .

[24]  Albert E. Steenge,et al.  Input-Output and National Accounts , 1993 .

[25]  C. B. Tilanus Input-output experiments : the Netherlands 1948-1961 , 1965 .

[26]  Amos Golan,et al.  Estimation of Non-Stationary Social Accounting Matrix Coefficients with Supply-Side Information , 2000 .

[27]  Gülay Günlük-Şenesen,et al.  Some Experiments with Methods of Adjusting Unbalanced Data Matrices , 1988 .

[28]  Hajime Tanji,et al.  Updating an Input–Output Matrix with Sign-preservation: Some Improved Objective Functions and their Solutions , 2008 .

[29]  M. Lenzen,et al.  MATRIX BALANCING UNDER CONFLICTING INFORMATION , 2009 .

[30]  Jörg Beutel,et al.  The economic impact of objective 1 interventions , 2006 .

[31]  Michael L. Lahr,et al.  A Strategy for Producing Hybrid Regional Input-Output Tables , 2005 .

[32]  Eric O'N. Fisher,et al.  The Structure of the American Economy , 2008 .

[33]  Roberto Mínguez,et al.  Cell-Corrected Ras Method (CRAS) for Updating or Regionalizing an Input–Output Matrix , 2009 .

[34]  Michael L. Lahr,et al.  Reconciling Domestication Techniques, the Notion of Re-exports and Some Comments on Regional Accounting , 2001 .

[35]  Robert M. Lindley,et al.  The use of RAS and related models in manpower forecasting , 1973 .

[36]  D. Friedlander A Technique for Estimating a Contingency Table, Given the Marginal Totals and Some Supplementary Data , 1961 .

[37]  Michael Green Biproportional Matrices and Input‐Output Change , 1971 .

[38]  Martin Butterfield,et al.  A TESTING ROUTINE FOR EVALUATING CELL BY CELL ACCURACY IN SHORT‐CUT REGIONAL INPUT‐OUTPUT TABLES* , 1980 .

[39]  Christa Court,et al.  Time Dynamics and the Introduction of New Technologies within IO Analysis , 2010 .

[40]  Alan T. Murray,et al.  Alternative Input-Output Matrix Updating Formulations , 2004 .

[41]  Anders Hammer Strømman,et al.  A MULTI-OBJECTIVE ASSESSMENT OF INPUT–OUTPUT MATRIX UPDATING METHODS , 2009 .

[42]  Louis de Mesnard,et al.  Biproportional Techniques in Input-Output Analysis: Table Updating and Structural Analysis , 2004 .

[43]  P. N. Mari Bhat,et al.  Estimating transition probabilities of age misstatement , 2010, Demography.

[44]  Daniel C. Knudsen,et al.  Matrix Comparison, Goodness-of-Fit, and Spatial Interaction Modeling , 1986 .

[45]  H. C. Davis,et al.  A comparison of alternative methods of updating input-output coefficients , 1977 .

[46]  W. F. Gossling,et al.  Estimating and projecting input output coefficients , 1975 .

[47]  K. E. Boulding,et al.  The structure of American economy, 1919-1929 : an empirical application of equilibrium analysis , 1942 .