Qualitative Data and Error Measurement in Input-Output Analysis
نویسنده
چکیده
This paper is a contribution to the rapidly emerging field of qualitative data analysis in economics. Ordinal data techniques and error measurement in input-output analysis are here combined in order to test the reliability of a low level of measurement and precision of data by means of a stochastic method for transforming ordinal data into cardinal ones by using a minimum number of assumptions. The validity of the method is empirically tested by applying it to an existing regional input-output table for the Netherlands. It is concluded that the ordinal data method developed here gives a fairly reliable replication of the underlying quantitative input-output data.
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