A NOTE ON THE GRAS METHOD
The GRAS method as presented by Junius and Oosterhaven [Junius, T. and J. Oosterhaven (2003) The Solution of Updating or Regionalizing a Matrix with Both Positive and Negative Elements. <italic>Economic Systems Research</italic>, 15, 87-96] assumes that every row and every column of a matrix to be balanced has at least one positive element. This might not necessarily be true in practice, in particular, when dealing with large-scale input-ouput tables, supply and use tables, social accounting matrices, or, for that matter, any other matrix. In this short note we relax this assumption and make available our MATLAB program for anyone interested in matrix GRASing. The same issue arises in the presentations of the KRAS method [Lenzen, M., B. Gallego and R. Wood (2009) Matrix Balancing Under Conflicting Information. <italic>Economic Systems Research</italic>, 21, 23-44] and the SUT-RAS method [Temurshoev, U. and M.P. Timmer (2011) Joint Estimation of Supply and Use Tables. <italic>Papers in Regional Science</italic>, 90, 863-882], which should be accordingly accounted for in their empirical applications.
Year of publication: |
2013
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Authors: | Temurshoev, Umed ; Miller, Ronald E. ; Bouwmeester, Maaike C. |
Published in: |
Economic Systems Research. - Taylor & Francis Journals, ISSN 0953-5314. - Vol. 25.2013, 3, p. 361-367
|
Publisher: |
Taylor & Francis Journals |
Saved in:
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