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The Review of Economics and Statistics Vol. 70 No. 3 1988

An Alternative Treatment of Secondary Products in Input-Output Analysis: Frustration

Thijs ten Raa

Abstract

ten Raa, Chakraborty and Small (1984) rule out industry technology based input-output coefficients in favor of a construct based on the commodity technology model. The latter, however, produces negative coefficients. This note shows that the negatives cannot be ascribed to errors of measurement. The very framework of deriving unique technical coefficients matrices from the black-box of a single pair of input and output flows must be abandoned.

DOI
10.2307/1926797
Volume
70
Issue
3
Pages
535
Sources
openalex crossref

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