FIT: An Input-Output Data Update Facility for SALTER
Salter Working Paper Number 17
FIT - An Input-Output Data Update Facility for SALTER by Marianne James and Robert McDougall is Working Paper number 17 in the development of The SALTER Model of the World Economy.
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workingpaper17.pdf ( 3.5 MB)Contents
1 Introduction
2 The single-region input-output tables
3 The objectives of the later-stage processing
Adjusting the input-output tables to data for international trade
Adjusting the input-output tables to data for industry assistance
Adjusting the input-output tables to macroeconomic data
Eliminating changes in stocks
4 The approach to the task
The input-output approach
The import revision task: an information theory approach
Setting import volumes in the quantity module
Underdetermination of the input-output coefficients
RAS
Applying information theory to the import revision task
Implementing the import revision procedure in FIT
The import revision task: the import price scenario
5 The theoretical structure of FIT
The input-output quantity model
The input-output price model
The optimisation module
The miscellaneous equations module
6 Implementation and operation
Appendix A The information theory solution to the import revision problem
Appendix B The theoretical structure of FIT: summary tables
Appendix C Header array structures for files input into FIT
Appendix D Tablo source code for FIT
References
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