Showing 1 - 10 of 15
Following on from de Mesnard’s (2009) radical criticism of the Ghosh supply-driven model, this paper draws the dramatic consequences for the widespread use of forward linkages in input-output analysis applied to regional science: the practice must be abandoned. The arguments are based on three...
Persistent link: https://www.econbiz.de/10010693659
In the Supply-Use (or Make-Use) input-output model, “product-technology” (PT) or “fixed-industry-sales-structure” (FISS) assumptions are more widely adopted (SNA, Eurostat) for deriving symmetric input-output tables (SIOT) than “industry-technology” or...
Persistent link: https://www.econbiz.de/10010675531
The biproportional filter was created to analyze structural change between two input-output matrices by removing the effect of differential growth of sectors without predetermining if the model is demand or supply-driven, but with the disadvantage that projecting a first matrix on a second is...
Persistent link: https://www.econbiz.de/10005750938
The causative-matrix method to analyze temporal change assumes that a matrix transforms one Markovian transition matrix into another by a left multiplication of the first matrix; the method is demand-driven when applied to input-output economics. An extension is presented without assuming the...
Persistent link: https://www.econbiz.de/10005750947
Some methods of qualitative structural analysis, as MFA, are based on the analysis of layers (flow matrices generated at each iteration when the equilibrium of an input-output model is computed). MFA mixes the analysis of the pure structure of production (the technical coefficients) and of the...
Persistent link: https://www.econbiz.de/10005750949
The general aim of this paper is to show that even the simplest economic models may be largely trivial. One discusses how a value input-output model can be derived from a physical input-output model. In the physical input-output model, variables are physical quantities and prices and in the...
Persistent link: https://www.econbiz.de/10005750958
The Supply-Use input-output model of the SNA and Eurostat is examined. For the product-by-product IO tables, two hypothesis are possible: “product technology”, largely adopted (Eurostat A) and examined here, and “industry technology” (Eurostat B). One examines the calculability of the...
Persistent link: https://www.econbiz.de/10005595853
Most national accounting systems are based on the Make-Use model. Two hypotheses are traditionally made featuring either industry-based (IBT) or commodity-based (CBT) technologies. IBT corresponds to a consistent demand-driven model: its solution can be explained as a circuit or in probabilistic...
Persistent link: https://www.econbiz.de/10005458744
Beside the traditional Leontief demand-driven model, there is the Ghosh supply-driven model. This paper explores the typology of the possible models: demand driven models versus supply driven models, true prices versus latent (or index) prices, coefficients in physical terms versus coefficients...
Persistent link: https://www.econbiz.de/10005579034
The r and s vectors of the RAS method of updating matrices are presented often as corresponding to an absorption effect and a fabrication effect. Here, it is proved that these vectors are unidentified, so their interpretation in terms of fabrication and absorption effect is incorrect..
Persistent link: https://www.econbiz.de/10005579044