In this paper we extend the proportional rule to division problems with multiple references and we present a result of characterization of the weighted proportional rule. As a particular case, we analyze the problems of probability aggregation and probability updating. division problems with...

This paper addresses the question whether the results of input-output (IO) impact analyses differ (and to what extent) when a framework in current prices or in constant prices is used. We consider the effect of an exogenous stimulus of final demand in current prices on (a) gross output in...

The presence of negative values in the primary inputs vector in the input output framework has been considered as a limitation to the development of multi-sectoral linear models. It is true that, when this circumstance happens, the industries that are related appear unbalanced, however, the...

Many economic models (e.g., computable general equilibrium models, econometric input–output models) revolve around a matrix of technical coefficients. However, these matrices can be estimated only once every 5 years as long as they are calculated from input–output tables and these are only...

This paper identifies a fundamental challenge in the development of input-output databases of the world economy intended for analysis of alternative scenarios with a model of the world economy. Primary data sources for individual economies generally do not use the same sectoral classification...

This paper fruitfully combines two complementary theories: performance measurement and input-output analysis. Our point of departure is the theory of the consumer, who maximizes utility subject to a budget constraint. His well-being can be measured by the change in the consumption bundle, valued...

The purpose of this study is to measure the relative efficiency of banks in Jordan using DEA. Also, it investigated the determinants of such efficiency, in terms of bank size and capitalization. The duration of the measured performance of this sector is (2005-2008). The results indicate that...

The present paper presents key sector research for the Namibian economy, based on input–output and Social Accounting Matrix (SAM) analyzes. The analyses were derived from a Namibian SAM for the 2004 period, using 28 economic sectors. We find that mining and government services are currently...

Global integration of economies over the past two decades has interconnected many of the countries and industries in the world. The World Input Output Database (WIOD) provides domestic output production and use information on 59 industries, in 40 countries that cover 85% of the global output....

In order to decrease the detrimental effects from global warming, the European Union (EU) has started to control CO2 emissions by allocating CO2 emission allowances to 25 member states. In this study we are interested about the effects of CO2 emission allowance on environmental efficiency,...