Convergence of Probability Measures. By P. Billingsley. Chichester, Sussex, Wiley, 1968. xii, 253 p. 9 1/4“. 117s.

Convergence of Probability Measures

▶ Addresses a wide range of timely environment, economic and energy topics ▶ A forum to review, analyze and stimulate the development, testing and implementation of mitigation and adaptation strategies at regional, national and global scales ▶ Contributes to real-time policy analysis and development as national and international policies and agreements are discussed and promulgated ▶ 94% of authors who answered a survey reported that they would definitely publish or probably publish in the journal again

Mitigation and Adaptation Strategies for Global Change

Economics and Information Theory

Many writers have claimed that research and development (R&D) has two faces. In addition to the conventional role of stimulating innovation, R&D enhances technology transfer (absorptive capacity). We explore this idea empirically using a panel of industries across twelve OECD countries. We find R&D to be statistically and economically important in both technological catch-up and innovation. Human capital also plays an major role in productivity growth, but we only find a small effect of trade. In failing to take account of R&D-based absorptive capacity, existing U.S.-based studies may underestimate the return to R&D.

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Mapping the Two Faces of R&D: Productivity Growth in a Panel of OECD Industries

There are a number of initiatives aimed at compiling large-scale global multi-region input–output (MRIO) tables complemented with non-monetary information such as on resource flows and environmental burdens. Depending on purpose or application, MRIO construction and usage has been hampered by a lack of geographical and sectoral detail; at the time of writing, the most advanced initiatives opt for a breakdown into at most 129 regions and 120 sectors. Not all existing global MRIO frameworks feature continuous time series, margins and tax sheets, and information on reliability and uncertainty. Despite these potential limitations, constructing a large MRIO requires significant manual labour and many years of time. This paper describes the results from a project aimed at creating an MRIO account that represents all countries at a detailed sectoral level, allows continuous updating, provides information on data reliability, contains table sheets expressed in basic prices as well as all margins and taxes, and co...

Building eora: a global multi-region input–output database at high country and sector resolution

International Input–Output Association (IIOA) PO Box 202, A-1031 Vienna, Austria; Fax: +43-2244-30210 Website: http://www.iioa.org; Email: office@iioa.org Dear Friends and Colleagues, The Associati...

Annual Report 2008

Input-output analysis is the main tool of applied equilibrium analysis. This textbook provides a systematic survey of the most recent developments in input-output analysis and their applications, helping us to examine questions such as: which industries are competitive? What are the multiplier effects of an investment program? How do environmental restrictions impact on prices? Linear programming and national accounting are introduced and used to resolve issues such as the choice of technique, the comparative advantage of a national economy, its efficiency and dynamic performance. Technological and environmental spillovers are analysed, both at the national level (between industries) and the international level (the measurement of globalisation effects). The book is self-contained, but assumes some familiarity with calculus, matrix algebra, and the microeconomic principle of optimizing behaviour. Exercises and review questions are included at the end of each chapter, and solutions at the end of the book.

The Economics of Input-Output Analysis

Manufacturing productivity growth recovered during the 1980s and 1990s, while other sectors, particularly services, did not. In the same period U.S. manufacturing has engaged in the “outsourcing” or “contracting-out” of service functions. Has the recovery of manufacturing been accomplished by industrial reorganization--sloughing off sluggish services--rather than technical progress? We analyze this question by reducing service inputs to their consituent elements of material inputs. Service productivity growth is thus imputed to the goods sectors, reducing the recovery of manufacturing productivity growth in the 1980s by one fifth. The recovery lasted through the 1990s, when high productivity performers in manufacturing have been relatively successful at outsourcing sluggishservices.

Outsourcing of Services and the Productivity Recovery in U.S. Manufacturing in the 1980s and 1990s

Outsourcing of services and the productivity recovery in U.S. manufacturing in the 1980s

Kop Jansen & ten Raa (1990) established a purely theoretical solution to the problem of selecting a model for the construction of coefficients on the basis of make and use tables. In an axiomatic context, they singled out the so-called commodity technology model as the best one according to some desirable properties. The aim of this paper is to delineate the restrictions on the relevant data sets that ensure fulfilment of the desirable properties by other models used by statistical offices.

Thijs ten Raa

Papers

Annual Report 2008

The Economics of Input-Output Analysis

Outsourcing of Services and the Productivity Recovery in U.S. Manufacturing in the 1980s and 1990s

Outsourcing of services and the productivity recovery in U.S. manufacturing in the 1980s

The construction of input-output coefficients matrices in an axiomatic context : Some further considerations