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- W2004128289 abstract "The aggregation level of industries in the Danish macroeconomic model ADAM is examined using a new indicator of aggregation bias. The indicator is decomposed into contributions from the original industries, thereby clearly identifying the aggregation problems which caused the six industry groups of the older versions of ADAM to be disaggregated into the current 19 groups. An aggregation key minimizing the new bias indicator is found: from the microlevel of 64 industries, 18 ‘optimal’ industry groups are formed through ‘clustering’; these groups are very similar to the current ADAM groups. Altogether, the conclusions based on the new indicator closely resemble those reached through years of practical experience." @default.
- W2004128289 created "2016-06-24" @default.
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- W2004128289 date "2000-12-01" @default.
- W2004128289 modified "2023-09-23" @default.
- W2004128289 title "Aggregation in macroeconomic models: an empirical input–output approach" @default.
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- W2004128289 doi "https://doi.org/10.1016/s0264-9993(99)00038-3" @default.
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