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Projection of Sectoral Value-added: Comparative Analysis of Alternative Methods

The paper discusses validation of methods used in projecting Malaysian value-added. Three methods of projection, the CDP blow-Up, the final demand blow-Up and the input-Output methods are compared in terms of their accuracy and relative efficiency. The discussion focuses on three aspects. The firs...

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Main Authors: Abdul Rashid, Zakariah, Ahmah Khair, Sabaruddin
Format: Article
Language:English
English
Published: Universiti Putra Malaysia Press 1994
Online Access:http://psasir.upm.edu.my/id/eprint/3039/1/Projection_of_Sectoral_Value-added.pdf
http://psasir.upm.edu.my/id/eprint/3039/
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spelling my.upm.eprints.30392013-05-27T07:05:17Z http://psasir.upm.edu.my/id/eprint/3039/ Projection of Sectoral Value-added: Comparative Analysis of Alternative Methods Abdul Rashid, Zakariah Ahmah Khair, Sabaruddin The paper discusses validation of methods used in projecting Malaysian value-added. Three methods of projection, the CDP blow-Up, the final demand blow-Up and the input-Output methods are compared in terms of their accuracy and relative efficiency. The discussion focuses on three aspects. The first aspect deals with the methodological issues, while the second and third aspects, respectively, determine the accuracy by testing their mean errors and efficiency by comparing their variances. The results show that the input-Output method is superior to the other two methods in terms of accuracy (lowest mean error) and efficiency (lowest variance). Universiti Putra Malaysia Press 1994 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/3039/1/Projection_of_Sectoral_Value-added.pdf Abdul Rashid, Zakariah and Ahmah Khair, Sabaruddin (1994) Projection of Sectoral Value-added: Comparative Analysis of Alternative Methods. Pertanika Journal of Social Sciences & Humanities, 2 (1). pp. 1-10. ISSN 0128-7702 English
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
English
description The paper discusses validation of methods used in projecting Malaysian value-added. Three methods of projection, the CDP blow-Up, the final demand blow-Up and the input-Output methods are compared in terms of their accuracy and relative efficiency. The discussion focuses on three aspects. The first aspect deals with the methodological issues, while the second and third aspects, respectively, determine the accuracy by testing their mean errors and efficiency by comparing their variances. The results show that the input-Output method is superior to the other two methods in terms of accuracy (lowest mean error) and efficiency (lowest variance).
format Article
author Abdul Rashid, Zakariah
Ahmah Khair, Sabaruddin
spellingShingle Abdul Rashid, Zakariah
Ahmah Khair, Sabaruddin
Projection of Sectoral Value-added: Comparative Analysis of Alternative Methods
author_facet Abdul Rashid, Zakariah
Ahmah Khair, Sabaruddin
author_sort Abdul Rashid, Zakariah
title Projection of Sectoral Value-added: Comparative Analysis of Alternative Methods
title_short Projection of Sectoral Value-added: Comparative Analysis of Alternative Methods
title_full Projection of Sectoral Value-added: Comparative Analysis of Alternative Methods
title_fullStr Projection of Sectoral Value-added: Comparative Analysis of Alternative Methods
title_full_unstemmed Projection of Sectoral Value-added: Comparative Analysis of Alternative Methods
title_sort projection of sectoral value-added: comparative analysis of alternative methods
publisher Universiti Putra Malaysia Press
publishDate 1994
url http://psasir.upm.edu.my/id/eprint/3039/1/Projection_of_Sectoral_Value-added.pdf
http://psasir.upm.edu.my/id/eprint/3039/
_version_ 1643822496040878080
score 13.211869

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