Advances in Input-Output Analysis: Technology, Planning, and Development

By William Peterson | Go to book overview

5
The Simultaneous Compilation
of Current Price and
Deflated Input-Output Tables

S. DE BOER and G. BROESTERHUIZEN

This chapter discusses a number of aspects of the procedure by which input-output tables are compiled in the Netherlands. These tables are compiled annually and are fully integrated in the System of National Accounts. A few years ago the method of compiling the input-output tables underwent a revision that, in our opinion, led to great improvement. The most significant improvement is that during the entire statistical process, from the processing and analysis of the basic data up to and including the balancing of the input-output tables, current-price data and deflated data are obtained simultaneously and in consistency with each other. We believe that this innovation may be of interest to other countries that currently compile input- output tables or wish to do so in the future, because many countries still--as the Netherlands used to do--first compile data in current prices and afterward calculate data in constant prices and changes in volume and prices, often on a higher level of aggregation. This means that an important opportunity for analysis of the interrelations between various kinds of data, and thus for better estimates, is used little or not at all.

In cases where input-output tables are drawn up periodically, the comparability in time of the estimates is an important requirement. For an extensive discussion on this matter the reader is referred to Al and Broesterhuizen ( 1985). Plausibility checks of observed changes between two periods can be carried out more easily and more meaningfully if the change in value is split into a volume change and a price change. In addition, with the informational aspect of economic statistics in mind, it is also important that there be complete consistency between deflated input-output tables and the tables with volume and price indices. This can be achieved by compiling both current-price data and deflated data simultaneously. Figure 5.1 shows part of the series of tables that then become available in the course of time.

In the Netherlands, deflated data pertaining to a period t are always expressed in prices of the period t - 1. In this way the weighting schemes that are used to combine detailed indices to define changes at a higher aggregation level remain up to date. In this process the volume changes are combined using Laspeyres' formula and the price

-53-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Advances in Input-Output Analysis: Technology, Planning, and Development
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen
/ 248

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.