An Algorithm To Balance Supply And Use Tables
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An Algorithm to Balance Supply and Use Tables
Author: Mr.Michael Stanger
language: en
Publisher: International Monetary Fund
Release Date: 2018-10-25
An Algorithm to Balance Supply and Use Tables
An Algorithm to Balance Supply and Use Tables
Author: Mr.Michael Stanger
language: en
Publisher: International Monetary Fund
Release Date: 2018-10-25
A Supply and Use Table (SUT) serve to increase the quality of GDP and related aggregates by providing a framework to detect and resolve inconsistencies in data sources. SUTs are also a powerful analytical tool that permit users to access information on detailed production functions, consumption, export, and import baskets, or to derive input-output tables. SUT compilation is data intensive and requires a balancing process. The balancing procedure is labor intensive and generally requires several long and sometimes tedious iterations, which has an adverse effect on timeliness. This note describes a basic algorithm developed by the IMF to balance supply and use tables automatically, allowing a much faster SUT balancing process. For training purposes, this algorithm has been implemented as an Excel tool SUTB, making it operational almost globally. The optimization process is illustrated with an example.
Republic of Uzbekistan
Author: International Monetary Fund. Statistics Dept.
language: en
Publisher: International Monetary Fund
Release Date: 2023-12-22
A technical assistance mission assisted the Statistics Agency under the President of the Republic of Uzbekistan (SA) in developing the annual supply and use tables and improving the non-observed economy estimates. The mission recommended improving data sources by implementing sector-specific surveys to better estimate the level of non-observed economy. The mission also assisted the SA with compilation of financial intermediation services indirectly measured (FISIM) in accordance with the 2008 System of National Accounts (2008 SNA). the SA published new estimates of FISIM on the website. These improvements to data and methods will improve the understanding of the Uzbekistan economy, both for domestic policymaking and international surveillance.