Document Type

Article

Publication Date

10-18-2010

College/Unit

Regional Research Institute

Document Number

RRI TechDoc 2010-01

Department/Program/Center

Regional Research Institute

Abstract

Many applications arise in which the use of a recent IO table with higher levels of detail than the Annual BEA tables include is required. However, the detailed benchmark tables can be several years out of date. This Technical Document provides a mechanism by which the most recent benchmark table and the most recent annual table can be used to generate a hybrid table that remains consistent with the annual table at its level of aggregation, but with the disaggregated cell structure of the benchmark within each annual table cell. The application of this method to Make and Use tables allows the analyst to pursue all of the standard commodity and industry model formulation options, The method is complicated by the potential for zero no-zero cell correspondences between aggregated annual and disaggregated benchmark tables. The method is presented conceptually and mathematically, and Matlab code is included as an appendix.

Comments

JEL Codes: C67

Share

COinS