Measuring commodities' commodity content

A. Manresa, F. Sancho, J. S. Vegara

Research output: Contribution to journalArticleResearchpeer-review

10 Citations (Scopus)

Abstract

Within the standard linear framework, a methodology, formally similar to the labour theory of value, is proposed to compute the direct and indirect commodity contents of any produced good. The proposal is then compared with the more familiar social accounting matrix (SAM) accounting procedure, using an appropriate partitioning of the SAM accounts. Some numerical results are then obtained and compared using a recently compiled SAM for Catalonia. The empirical results show the practical feasibility of the proposed methodology.
Original languageEnglish
Pages (from-to)357-365
JournalEconomic Systems Research
Volume10
DOIs
Publication statusPublished - 1 Jan 1998

Keywords

  • Commodity contents
  • Input-output multipliers
  • Interdependence
  • SAM multipliers

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