USING INPUT--OUTPUT TABLES FOR ESTIMATES OF CZECH GROSS DOMESTIC PRODUCT 1970--1989

Jaroslav Sixta and Jakub Fischer

Economic Systems Research, 2014, vol. 26, issue 2, 177-196

Abstract: The paper describes the transformation of original macroeconomic data for the Czech Republic in the period of socialism to the current methodology of national accounts. Since the Czech Republic was a part of former Czechoslovakia, such estimates were not usually published. The key approach is based on symmetric input--output tables (SIOTs) that allow the description of several segments of the economy. SIOTs were compiled directly from data sources on a regular basis instead of supply and use tables. We used SIOTs for 1973 and 1987 to investigate thoroughly the differences between the previously used Material Product System (MPS) and the System of National Accounts (SNA). After that, we identified the most important differences between MPS and SNA, and constructed the time series of Czech gross domestic product for 1970--1989. The estimated time series are fully consistent with official figures of the Czech Statistical Office published from 1990 onwards.

Date: 2014
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DOI: 10.1080/09535314.2013.853651

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