The Conversion of the Supply and Use Tables to Symmetric Input-Output Tables: A Critical Review

George Soklis

Bulletin of Political Economy, 2009, vol. 3, issue 1, 51-70

Abstract: This paper reviews the available methods used to convert Supply and Use Tables of actual economic systems to Symmetric Input-Output Tables. It is argued that all conversion methods rest on the unrealistic assumption that single production, and not joint production, characterizes the economic structure of the real world. Finally, a straightforward treatment, based on general joint-product models inspired by von Neumann (1945) and Sraffa (1960), of the Supply and Use Tables is proposed as a way out of the inconsistencies of the conversion methods.

Date: 2009
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Working Paper: The Conversion of the Supply and Use Tables to Symmetric Input-Output Tables: A Critical Review (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:awu:journl:v:3:y:2009:i:1:p:51-70

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