Work

The Conversion of the Supply and Use Tables to Symmetric Input-Output Tables: A Critical Review

Year: 2009

Type: report

Abstract: This paper reviews the available methods used to convert Supply and Use Tables of actual economic systems to Symmetric Input-Output Tables. It is argued that all conversion methods rest on the unrealistic assumption that single production, and not joint production, characterizes the economic structure of the real world. Finally, a straightforward treatment, based on general joint-product models inspired by von Neumann (1945) and Sraffa (1960), of the Supply and Use Tables is proposed as a way out of the inconsistencies of the conversion methods.

Source: Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)

Author: George Soklis

Language: English

Topic: Economic Theory and Policy

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2117728287

Cites: 32

Cited by: 12

Related to: 10