Inhalt der Seite
Study on value-added exposure estimates to assess spillovers and competitiveness
Client/Funding Institution
European Commission, DG Economic and Financial Affairs
Abstract
Current models based on input-output tables are prone to various weaknesses and challenges. First, input-output tables are released with a considerable time lag (publication lag), which might lead to inaccurate estimates in the times of fast-changing economic conditions. Second, input-output tables are typically available in nominal terms only, as opposed to real terms (or more exactly, chain-linked volumes) as is the case with National Accounts data. The aim of this study is to advance DG ECFIN’s input-output modelling framework in several respects. Specifically, this project will produce a tool enabling researchers to update and forecast input-output data to the extent possible. This will allow DG ECFIN to undertake spillover assessments (both for demand and price shocks) in a forward-looking manner within the economic surveillance framework.
Duration
August 2024 - November 2025
wiiw team Leader
wiiw Staff
Birgit Buschbom, Javier Flórez Mendoza, Simone Maria Grabner, Oliver Reiter, David Zenz
Countries covered: EU Member States
Research Areas: International Trade, Competitiveness and FDI