Stochastic Input-Output Analysis: A Simulation Study

1982 ◽  
Vol 14 (11) ◽  
pp. 1425-1435 ◽  
Author(s):  
D J Hanseman
Keyword(s):  
Monte Carlo ◽  
Simulation Study ◽  
Monte Carlo Study ◽  
Small Sample ◽  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis ◽  
Regression Estimators ◽  
Stochastic Input

In the first part of the paper, the idea of a stochastic input-output model, as conceived by Gerking, is reviewed and criticized; and some extensions and simplifications are then made. The second part seeks to assess the small sample behavior of several regression estimators proposed by Gerking. Since samples available for the construction of regional tables are typically quite small, this Monte Carlo study provides evidence as to which of the proposed estimators is most feasible for the actual empirical construction of regional input-output tables.

Stochastic Input-Output Analysis: A Comment

1981 ◽  
Vol 63 (3) ◽  
pp. 468 ◽  
Author(s):  
Dennis J. Hanseman ◽  
Elizabeth F. Gustafson
Keyword(s):  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis ◽  
Stochastic Input

Planning with Semi-input-output Method with Empirical Application to Nigeria. By Arie Kuyvenhoven. Leiden: Martinus Nijhoff Social Sciences Division. 1978. xi + 266 pp.

1980 ◽  
Vol 19 (3) ◽  
pp. 247-249
Author(s):  
A. R. Kemal
Keyword(s):  
Social Sciences ◽  
Developing Countries ◽  
Final Demand ◽  
The Other ◽  
Production Structure ◽  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis ◽  
Comparative Cost ◽  
Planning Models

Input -output analysis is being widely used in developing countries for planning purposes. For a given level of final demand, input-output analysis allows us to project the required level of gross output to ensure consistency of plan. These projections are made on the assumption that the existing production structure is optimal and it implies that an increase in demand will be met through the expansion of domestic output even when it can be satisfied through an increase in imports. On the other hand, according to the semi-input-output method, we do not have to increase the output of international sectors in order to meet the increase in demand because the level and composition of these activities should be determined by comparative- cost considerations. These are the only national sectors in which output must increase in order to avoid shortage. The semi-input -output method has been such a useful and important contribution, yet, regrettably, its influence on the planning models had been rather limited.

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