A Flexible Modeling Framework to Estimate Interregional Trade Patterns and Input-Output Accounts

This study implements and tests a mathematical programming model to estimate interregional, interindustry transaction flows in a national system of economic regions based on an interregional accounting framework and initial information of interregional shipments. A national input-output (IO) table, regional data on gross output, value-added, exports, imports and final demand at sector level are used as inputs to generate an interregional IO account that reconciles regional economic statistics and interregional transaction data. The model is tested using data from a multi-regional global input-output database and shows remarkable capacity to discover true interregional trade patterns from highly distorted initial estimates.

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Bibliographic Details
Main Authors: Canning, Patrick, Wang, Zhi
Language:English
en_US
Published: World Bank, Washington, D.C. 2004-07
Subjects:ABSOLUTE ERRORS, ALGORITHMS, BASIC, CLASSIFICATION, COMPUTATION, COVARIANCE, DEPENDENCY, DESTINATION, EQUATIONS, EXPERIMENTS, FUNCTIONAL FORMS, GAMS, INDEXES, INFORMATION THEORY, INPUT­OUTPUT, LINEAR PROGRAMMING, MATHEMATICAL PROGRAMMING, MATHEMATICAL STATISTICS, MATRIX, MINIMIZATION, MODELING, NONLINEAR PROGRAMMING, OPTIMIZATION, ORIGIN, PROGRAMMING MODELS, RELIABILITY, RESEARCH SERVICES, RESEARCH WORKING PAPERS, RESEARCHERS, STANDARD DEVIATION, STATISTICAL ESTIMATION, STATISTICAL INFORMATION, SURVEY DATA, TIME SERIES, UNION, VARIABILITY, WEIGHTING TRADE PATTERNS, INPUTS, OUTPUTS, ECONOMIC DEVELOPMENT, GLOBALIZATION, INLAND REGIONS, RURAL AREAS, POLICY ANALYSIS, INDUSTRY, TRADE, ACCOUNTING FRAMEWORK, SHIPMENTS, VALUE ADDED, EXPORTS, IMPORTS,
Online Access:http://documents.worldbank.org/curated/en/2004/07/4986873/flexible-modeling-framework-estimate-interregional-trade-patterns-input-output-accounts
https://hdl.handle.net/10986/14169
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Summary:This study implements and tests a mathematical programming model to estimate interregional, interindustry transaction flows in a national system of economic regions based on an interregional accounting framework and initial information of interregional shipments. A national input-output (IO) table, regional data on gross output, value-added, exports, imports and final demand at sector level are used as inputs to generate an interregional IO account that reconciles regional economic statistics and interregional transaction data. The model is tested using data from a multi-regional global input-output database and shows remarkable capacity to discover true interregional trade patterns from highly distorted initial estimates.