Author: Iskander Vilevich SyrtlanovCo-Authors: Alsu SayapovaComparative analysis of methods for assessing the value transfer in the formation of the final productтезисы доклада
Место издания:Abstracts and Papers Lisbon, Portugal
Аннотация:The aim of the research is a comparative analysis of different methods for assessing the transfer of
the value added in the formation of the final product. This issue in terms of content is reduced to
estimating degree of participation of domestic and foreign manufacturers in products’ value creation
for consumption, capital formation and exports. An overview of methods to solve this problem on the
basis of input-output model is made in the paper. Russian researchers’ approaches are also
considered among the methods for assessing the transfer of value added. Review of methods is
accompanied with an identification of degree of difference between the approaches based on
mathematical analysis of Leontief inverse properties for NIOTs and WIOTs. Empirical calculations
are also performed to assess the value added structure of the final domestic products through
national and world input-output tables in the example of Russia. International input-output model is
based on the WIOD database. These calculations require appropriate modification of Russian
input-output tables. Symmetric input-output tables are published as product-by-product tables in
Russia, while WIOTs are published as industry-by-industry tables in WIOD. Therefore, the Russian
symmetric tables are converted to the industry-by-industry form. Analysis of the results of
calculations performed by various methods, allows us to decompose the cost of the final product on
the value added produced by groups of domestic and foreign manufacturers.
The calculations show that the dependence on import of Russian final consumption and
accumulation is significantly higher than assumed in assessing it on a gross basis. It should also be
mentioned that imports into intermediate consumption is undeniably more profitable for the country
than imports for the needs of final consumption.
Keywords: National and World Input-Output Tables (NIOT & WIOT), Leontief inverse, value added