1. Improving the European input–output database for global trade analysis
- Author
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José Manuel Rueda-Cantuche, Tamas Revesz, Agustin Velazquez, Alfredo J. Mainar-Causapé, Emanuele Ferrari, Marian Mraz, Letizia Montinari, Bert Saveyn, Antonio F. Amores, and Universidad de Sevilla. Departamento de Economía Aplicada III
- Subjects
Supply and use tables ,Input-output tables ,Economics and Econometrics ,Official statistics ,Matching (statistics) ,Relation (database) ,Computer science ,Economics, Econometrics and Finance (miscellaneous) ,International trade ,010501 environmental sciences ,computer.software_genre ,01 natural sciences ,Field (computer science) ,lcsh:HD72-88 ,lcsh:Economic growth, development, planning ,0502 economics and business ,GTAP ,ddc:330 ,media_common.cataloged_instance ,European Union ,050207 economics ,European union ,0105 earth and related environmental sciences ,media_common ,Input/output ,Estimation ,Policy relevance ,Database ,business.industry ,lcsh:HB71-74 ,05 social sciences ,lcsh:Economics as a science ,Input–output tables ,business ,computer - Abstract
There are increasing numbers of published articles in the field of input–output analysis and modelling that use the GTAP input–output database; particularly, in relation to the estimation of carbon, energy and water footprints and the analysis of global value chains and international trade. The policy relevance of those topics is also increasing, thus calling for consistently linking these databases with official statistics. Although, so far, GTAP has been using their own classification and reconciliation methods, this paper develops a new conversion method for the EU that guarantees that the EU-GTAP database respects the new statistical standards and Eurostat official statistics. We recommend for future updates, a shift of the current GTAP classification of industries to the new official standard classifications to which countries are progressively moving to. Otherwise, the lack of matching official data would jeopardize the usefulness of such database. This method can be extended to other similar input–output databases with different classification schemes from the original input data sources.
- Published
- 2020
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