A flexible adaptation of the WIOD database in a virtual laboratory |
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Authors: | Muhammad Daaniyall Abd Rahman Bart Los Arne Geschke Yanyan Xiao Keiichiro Kanemoto Manfred Lenzen |
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Institution: | 1. Faculty of Economics and Business, University of Groningen, Groningen, Netherlands;2. ISA, School of Physics, The University of Sydney, Sydney, NSW, Australia;3. Department of Economics, Faculty of Economics and Management, Universiti Putra Malaysia, Serdang Selangor, Malaysiadaaniyall.rahman@sydney.edu.au;5. ISA, School of Physics, The University of Sydney, Sydney, NSW, Australia;6. Faculty of Economics and Law, Shinshu University, Matsumoto, Japan |
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Abstract: | ABSTRACTThe World Input-Output Database provides a time series of world input–output tables (WIOTs) that have been used for example to understand the manifold effects of the increased integration of markets through international trade. In order to enhance the flexibility of research on global trade issues using WIOD, we implement the WIOT workflow in a collaborative, cloud-based virtual laboratory environment. We demonstrate that a lab-based adaptation of WIOD is able (a) to continuously create and update versions of the WIOTs in a timely, consistent, and cost-effective way, (b) to enhance original information with accompanying information on standard deviations, and (c) to enable flexible re-casting of the entire WIOT time series into user-specific geographical and sectoral classifications. |
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Keywords: | Multi-region input–output database virtual laboratories constrained optimisation |
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