Projecting input-output tables for model baselines

Abstract

This technical report describes a multi-regional generalized RAS (MR-GRAS) procedure to update/project input-output tables or social accounting matrices. The method is able to incorporate a number of constraints on row and columns sums as well as specific flows between economic sectors and specific taxes in an input-output table. This feature is particularly useful to reconcile information coming from different data sets. In the application described in this report, the method is tailored towards constraints with regard to the energy system. Specifically, we specify constraints in the updating/projecting algorithm that are able to reproduce the economic values reflected in an energy balance from an energy system model. Here, we show that the method is able to generate input-output tables that are forward projected until 2050 and can be used as a baseline in a computable general equilibrium model like JRC-GEM-E3.