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http://dx.doi.org/10.15266/KEREA.2022.31.4.849

A Method for Estimating Input-output Tables with Disaggregated Sector  

Kiho Jeong (Department of Economics, Kyungpook National University)
Publication Information
Environmental and Resource Economics Review / v.31, no.4, 2022 , pp. 849-864 More about this Journal
Abstract
In case of a specific sector being divided into sub-sectors, this study presents a process for estimating an input-output table, which is frequently used as basic data in fields of energy and environment economics. RAS method, which is universally used for this case, requires information on production, intermediate input sum, and intermediate demand sum for each sector in the new table. But in many cases, it is difficult to secure information on intermediate demand sum by sector. This study suggests a process for estimating a new input-output table without using information of intermediate demand sum in the case of sector separation, under the assumption that information of production value and intermediate input sum by sector are available. The key idea is that the values of many elements in the input-output table after disaggregation are the same as those in the table before disaggregation and that the sum of the elements after disaggregation, equals the values of the elements before disaggregation. The process of estimating the intemediate transaction matrix or the input coefficient matrix is presented by using these information instead of intermediate demand sum information. A small-scale simulation shows that the average error rate of the process proposed in this study is about 11.23% in estimating input coefficients, which is smaller than the 11.30% estimation error of RAS using the information of intermediate demand sum. However, since it is known in the literature that using additional information does not always improve estimation performance compared to not using it, additional research on various simulations is needed to apply the method of this study to reality.
Keywords
Sector disaggregation; Esimating input-output table; Simulation; MRAS; RAS; TRAS;
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