Showing 1 - 5 of 5
Using input-output analysis to model the effects of changes in industry final demands is fraught with problems, many of which relate to the fundamental limitations of the concomitant linear framework. A further issue concerns the accuracy of the results, a consequence of the uncertainty...
Persistent link: https://www.econbiz.de/10005451774
Kop Jansen and ten Raa's (1990) characterization of product-by-product input-output tables was adopted by the United Nations (1993). Recent OECD and several EU funded projects, however, used industry-by-industry tables, which raises comparable issues concerning their construction. We show how...
Persistent link: https://www.econbiz.de/10009223102
The paper presents a study of the total factor productivity (TFP) performance among developed countries between 1985 and 1990. The analysis includes the three large economies: the US, Japan and Europe. A general equilibrium model of these economies is used to estimate TFP growth at the sectoral...
Persistent link: https://www.econbiz.de/10005451776
In this paper we provide new evidence on relative levels of output, inputs and productivity at a detailed industry level for a set of seven countries. These comparisons are based on sectoral output measures that exclude intra-industry flows. We argue that this improves international...
Persistent link: https://www.econbiz.de/10005278351
This paper evaluates a recently published semi-survey international input-output table for nine East-Asian countries and the USA with four non-survey estimation alternatives. A new generalized RAS procedure is used with stepwise increasing information from both import and export statistics as...
Persistent link: https://www.econbiz.de/10005278357