Advertisement

Studies on Russian Economic Development

, Volume 26, Issue 4, pp 413–421 | Cite as

Application of method of bilateral estimation of the output multiplier in the absence of a complete input-output table: Example of Germany and France

  • S. A. Voropanov
Foreign Experience

Abstract

This paper proposes a method that allows for individual indicators of technological matrix to receive bilateral and point estimates of output multipliers. The proposed approach not only confirms previous results obtained by other authors, but also improves them. The ex post forecast for the 1995–2009 produced for 34 sectors of German and French industry proves the sufficient accuracy of the proposed estimators.

Keywords

Basic Method RUSSIAN Economic Development Cost Structure Output Table Final Demand 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. 1.
    B. Chetyrkin, “Development of domestic methodology and analytical possibilities of interbranch balance,” Economist, No. 7 (2013).Google Scholar
  2. 2.
    V. M. Abramov and S. A. Voropanov, Regional Analysis and Forecast Under Limited Available Information. “Problems and Perspectives of Development of Banking System of Tajikistan in Conditions of Instable World Finance”. (15–16 May, 2014) (Dushanbe, 2014) [in Russian]Google Scholar
  3. 3.
    R. I. Nigmatulin, A. R. Sayapova, and L. D. Mazitova, input-output tables of Bashkortostan,” EKO, No. 3 (2006).Google Scholar
  4. 4.
  5. 5.
    E. F. Baranov, I. A. Kim, D. I. Piontkovskii, and E. A. Staritsyna, “Questions of building input-output tables for Russia in international classifications,” Economic Journal of HSE, No. 1 (2014).Google Scholar
  6. 6.
    G. R. Serebryakov, M. N. Uzyakov, and A. A. Yantovskii, “Interbranch model of forecasting of the economy of Ivanov oblast,” Problems of Forecasting, No. 5 (2002).Google Scholar
  7. 7.
    N. Mikheeva, “Input-output tables — new opportunities for economic forecasting,” Questions of Economy, No. 7 (2011).Google Scholar
  8. 8.
    E. F. Baranov, I. A. Kim, D. I. Piontkovskii, and E. A. Staritsyna, “Methodological problems of building input-output tables in Russia in classifications of sectors and products in terms of international standards,” Working Papers, HSE. Issue WP, 2.Google Scholar
  9. 9.
    E. F. Baranov, I. A. Kim, and E. A. Staritsyna, “Methodological issues of reconstruction of “Input — Output” tables for Russia for 2003 and subsequent years in the structure of NACE-ARCPEA,” Questions of Statistics, No. 12 (2011).Google Scholar
  10. 10.
    E. F. Baranov, I. Kim, and E. A. Staritsyna, “Estimation of Russian Constant-Price Input-output Accounts According To NACE/CPA,” Working Papers by NRU Higher School of Economics. Series EC “Economics”, No. 7 (2011).Google Scholar
  11. 11.
    R. E. Miller and P. D. Blair, Input-output Analysis: Foundations and Extensions. Second Edition, Cambridge (2008).Google Scholar
  12. 12.
    S. A. Voropanov, Estimation of some characteristics of the Leontief model under conditions of incomplete information. “The natural and mathematical sciences in the modern world”: Collection of articles based on the XI International scientific and practical conference (October 14 2013). (Novosibirsk, 2013) [in Russian].Google Scholar
  13. 13.
    R. L. Burford and J. L. Katz, “A Method of Estimation of Input-output Type Output Multipliers When No I-O Model Exists,” Journal of Regional Science. Vol. 21. no. 2. (1981).Google Scholar
  14. 14.
    J. L. Katz and R. L. Burford, “The Estimation of Input-output Type Output Multipliers When No Input-output Model Exists: a Reply,” Journal of Regional Science. Vol. 22. no. 2. (1982).Google Scholar
  15. 15.
    M. A. Krasnosel’skii, G. M. Vainikko, P. P. Zabreiko, Ya. B. Rutitskii, V. Ya. Stetsenko, Approximate solution of operator equations. (Nauka, Moscow, 1969) [in Russian].Google Scholar
  16. 16.
  17. 17.
    S. A. Voropanov, Score multipliers issue for the industry, “Financial intermediation” the Australian economy in a minimum of information available. Materials of republican scientific-practical conference “Problems and prospects of development of the banking system of the Republic of Tajikistan in an unstable state of the world of finance.” (15–16 May 2014). (Dushanbe, 2014) [in Russian].Google Scholar

Copyright information

© Pleiades Publishing, Ltd. 2015

Authors and Affiliations

  1. 1.Togliatti branchRussian Presidential Academy of National Economy and Public AdministrationTogliattiRussia

Personalised recommendations