Biproportional Techniques in Input – Output Analysis : Table Updating and Structural Analysis

  title={Biproportional Techniques in Input – Output Analysis : Table Updating and Structural Analysis},
  author={MICHAEL L. LAHR and Louis de Mesnard},
A This paper introduces the rest of this issue of Economic Systems Research, which is dedicated to the contributions of Sir Richard Stone, Michael Bacharach, and Philip Israilevich. It starts out with a brief history of biproportional techniques and related matrix balancing algorithms. We then discuss the RAS algorithm developed by Sir Richard Stone and others. We follow that by evaluating the interpretability of the product of the adjustment parameters, generally known as R and S. We… CONTINUE READING
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