Some accounting procedures and their effects on input-output multipliers

This paper examines three accounting procedures in input-output analysis, namely the valuation of transactions (purchasers' v. producers' prices), the allocation of competitive imports (direct v. indirect allocation), and the treatment of intrasectoral transactions (gross v. net tables). Two tables, namely the Australian National tables, and the Central Queensland regional tables were modified to express common combinations of accounting procedures; output multipliers were obtained for each form of the tables and compared. The results show some substantial differences in both the magnitude and ranking of the multipliers from different forms of the tables.