Difference between revisions of "Balanced Input-Output Model"
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| + | == Definition == | ||
| + | '''Balanced Input-Output Model''' refers to adjustments that may be necessary to perform on an [[Input-Output Model]] that is constructed on the basis of imperfect data to ensure that any applicable fundamental identities are satisfied. | ||
| + | == Examples == | ||
| + | * Total supply must equal total use in a [[Supplay And Use Framework]] | ||
| + | * Total output equals intermediate consumption plus value added | ||
| + | * The [[RAS Technique]] is often employed to balance a [[Social Accounting Matrix]]. | ||
| + | SAMS, by their structural requirements and conventions, e.g., requiring a square trans- | ||
| + | actions matrix with row and column totals equal, are useful for reconciling different | ||
| + | sources of data that may be inconsistent. | ||
| + | |||
| + | |||
| + | == References == | ||
| + | <references/> | ||
| + | |||
| + | [[Category:EEIO]] | ||
Revision as of 15:55, 28 February 2022
Definition
Balanced Input-Output Model refers to adjustments that may be necessary to perform on an Input-Output Model that is constructed on the basis of imperfect data to ensure that any applicable fundamental identities are satisfied.
Examples
- Total supply must equal total use in a Supplay And Use Framework
- Total output equals intermediate consumption plus value added
- The RAS Technique is often employed to balance a Social Accounting Matrix.
SAMS, by their structural requirements and conventions, e.g., requiring a square trans- actions matrix with row and column totals equal, are useful for reconciling different sources of data that may be inconsistent.
