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A multi-regional input-output table mapping China's economic outputs and interdependencies in 2012
Zhifu Mi1, Jing Meng2, Heran Zheng3
1The Bartlett School of Construction and Project Management, University College London, WC1E 7HB London, UK.
Scientific Data
|August 8, 2018
Summary
A new Multi-Regional Input-Output (MRIO) table for China in 2012 offers insights into economic interdependence and development post-financial crisis. This resource aids in analyzing trade, economic planning, and environmental impacts.
Area of Science:
- Economics
- Regional Science
- Environmental Economics
Background:
- Multi-regional input-output (MRIO) models are crucial for analyzing economic interdependence between regions.
- Understanding China's post-2008 financial crisis economic development requires updated inter-regional economic flow data.
- Existing MRIO data may not fully capture the nuances of China's complex economic structure.
Purpose of the Study:
- To construct the first comprehensive Chinese Multi-Regional Input-Output (MRIO) table for 2012.
- To provide a detailed dataset of inter-regional and inter-sectoral economic flows within China.
- To establish a foundation for analyzing China's economic patterns and environmental impacts.
Main Methods:
- Utilized the latest socioeconomic datasets available.
- Employed a modified gravity model for table construction.
- Compiled an MRIO table detailing economic flows across 30 sectors and 30 regions in China for 2012.
Main Results:
- Successfully compiled a detailed Chinese MRIO table for 2012.
- The table captures inter-regional and inter-sectoral economic flows, reflecting China's post-crisis development.
- This represents the first MRIO table reflecting China's economic landscape after the 2008 global financial crisis.
Conclusions:
- The Chinese MRIO table is a valuable tool for analyzing provincial economies, inter-regional trade, and national/regional economic planning.
- It serves as a foundational dataset for research on energy use, carbon emissions, and environmental pollutants.
- This resource enhances the understanding of China's economic interdependence and its environmental implications.
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