Supply And Use Framework
From Open Risk Manual
Contents
Definition
Supply And Use Framework in the context of Input-Output analysis is the procedure of constructing IO tables on the basis of the Supply And Use Tables.
- Supply table: Value of products produced by each industry
- Use table: Products used by each industry and final demand
Construction
In order to derive IOTs in the end, both the supply and the use table should adopt the same price concept. From Supply-Use System to IO tables:
- Requires particular technology assumptions e.g. product X is produced with same technology in each industry
- Results in either Industry x Industry or Product x Product tables
National Accounts Data (SNA)
- Value added by industry
- Gross output by industry
- Total final demand by type
- Total exports and imports
Supply Use Tables (SUT)
- Supply Table (Basic Prices)
- Use Table (Purchaser Prices)
Harmonization of SNA / SUT
Time series of national SUT
Valuation Matrices
Bilateral International Trade Statistics
- Goods Trade
- Service Trade
World SUT without RoW
- Data and estimation of RoW trade
- RAS algorithm
Transformation into World IO Table
- Estimation of RoW