The RAS Method with Random Fixed Points
Journal: Journal of Economics and Business (Vol.1, No. 4)Publication Date: 2019-12-30
Authors : Bui Trinh Nguyen Viet Phong Bui Quoc;
Page : 640-646
Keywords : RAS method; Supply-Use tables; Input-Output Tables; Correct Row Total; Correct Column Total;
Abstract
Today many economists believe that RAS is the initials of economist Richard Stone, who is also the father of the National Financial System (SNA). This idea was introduced to update and reconcile the total supply and total use vectors in the input output table (I.O.T), supply and use tables (S.U.T) and social account matrix (SAM). This article attempts to explain and devise new algorithms so that the user can easily feel the practical application with more variable customized assumptions based on the application of information technology to the processing of the algorithm. This article appears to be a continuation of the article "A Short Note on RAS Method" at Advances in Management and Applied Economics (2013) vol.6, Issue 4.
Other Latest Articles
- Cameroon-Congo Economic Relations: A Basis of Propinquity and Trans-Border Trade Opportunities
- Effect of sodium bicarbonate residue on some characteristics of processed meat products
- Impact of Human Resources Recruitment and Management of Process, Quality, Technology on Total Factor Productivity of Cooperative Industry
- Graphene Revolution: An R&D-Based Growth Model Interpretation
- Source, Composition, and Social Movement of the Middle Class in Hong Kong and Macao – A Social Observation Based on Local Media Public Opinion
Last modified: 2019-01-21 11:01:41