Difference between revisions of "Hybrid Input-Output Model"
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| + | == Definition == | ||
| + | A '''Hybrid Input-Output Model''' is an input-output model that includes (accounts) for both monetary value flows and physical flows. In a hybrid IO model the values of certain rows are relevant volume details. [[Final Demand]] is made up partly of values and partly of volumes. A primary example of such models is [[Energy Input-Output Analysis]] | ||
| + | |||
| + | == Usage == | ||
| + | A hybrid model has the following advantages compared with the pure values approach:<ref>Federal Statistical Office of Germany, Environmental-Economic Accounting Extended Input-Output Model for Energy and Greenhouse Gases, February 2011</ref> | ||
| + | |||
| + | * non-homogeneous flows of goods with significant variations in average prices among the different purchasers are replaced by the volumes required in the IOA, | ||
| + | * exchanging the quoted values for the energy sectors (IOT rows) facilitates further dis- aggregation of the energy sectors, | ||
| + | * using volumes (heating figures) for the production and consumption of energy enables a direct link to be made between the carbon dioxide emissions and the energy consumption figures. | ||
| + | |||
| + | == See Also == | ||
| + | * [[Generalized Input-Output Analysis]] | ||
| + | |||
| + | == References == | ||
| + | <references/> | ||
| + | |||
[[Category:EEIO]] | [[Category:EEIO]] | ||
Latest revision as of 16:18, 28 February 2022
Contents
Definition
A Hybrid Input-Output Model is an input-output model that includes (accounts) for both monetary value flows and physical flows. In a hybrid IO model the values of certain rows are relevant volume details. Final Demand is made up partly of values and partly of volumes. A primary example of such models is Energy Input-Output Analysis
Usage
A hybrid model has the following advantages compared with the pure values approach:[1]
- non-homogeneous flows of goods with significant variations in average prices among the different purchasers are replaced by the volumes required in the IOA,
- exchanging the quoted values for the energy sectors (IOT rows) facilitates further dis- aggregation of the energy sectors,
- using volumes (heating figures) for the production and consumption of energy enables a direct link to be made between the carbon dioxide emissions and the energy consumption figures.
See Also
References
- ↑ Federal Statistical Office of Germany, Environmental-Economic Accounting Extended Input-Output Model for Energy and Greenhouse Gases, February 2011
