6533b852fe1ef96bd12ab3a7
RESEARCH PRODUCT
Failure of the normalization of the RAS method : absorption and fabrication effects are still incorrect
Louis De Mesnardsubject
input-outputjel:C63économieeconomic theoryjel:C67economics[SHS.ECO]Humanities and Social Sciences/Economics and Financejel:D57biproportiongestion[ SHS.ECO ] Humanities and Social Sciences/Economies and financesmanagement economics[SHS.ECO] Humanities and Social Sciences/Economics and Financemanagementdescription
The r and s vectors of the RAS method of updating matrices are presented often as corresponding to an absorption effect and a fabrication effect. Here, it is proved that these vectors are not identified, so their interpretation in terms of fabrication and absorption effect is incorrect and even if a normalization was proposed to remove underidentification, this normalization fails and poses many difficulties.. Keywords : Input-Output ; RAS ; Biproportion
year | journal | country | edition | language |
---|---|---|---|---|
2000-01-01 |