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An Algorithm to Balance Supply and Use Tables / Michael Stanger.
Author
Stanger, Michael
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Format
Book
Language
English
Published/​Created
Washington, D.C. : International Monetary Fund, 2018.
Description
1 online resource (28 pages).
Details
Subject(s)
Input-output tables
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Gross domestic product
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Algorithms
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Series
Technical Notes and Manuals; Technical Notes and Manuals ; No. 2018/003
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Technical Notes and Manuals
Summary note
A Supply and Use Table (SUT) serve to increase the quality of GDP and related aggregates by providing a framework to detect and resolve inconsistencies in data sources. SUTs are also a powerful analytical tool that permit users to access information on detailed production functions, consumption, export, and import baskets, or to derive input-output tables. SUT compilation is data intensive and requires a balancing process. The balancing procedure is labor intensive and generally requires several long and sometimes tedious iterations, which has an adverse effect on timeliness. This note describes a basic algorithm developed by the IMF to balance supply and use tables automatically, allowing a much faster SUT balancing process. For training purposes, this algorithm has been implemented as an Excel tool SUTB, making it operational almost globally. The optimization process is illustrated with an example.
Source of description
Description based on publisher supplied metadata and other sources.
Contents
Front Matter
An Algorithm to Balance Supply and Use Tables.
ISBN
1-4843-8167-X
Doi
10.5089/9781484363966.005
Statement on responsible collection description
Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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