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FIGARO-E3: a high-resolution extended multi-regional input-output database consistent with official statistics.

Ignacio Cazcarro1,2, Arkaitz Usubiaga-Liaño1, Marίa Victoria Román1

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FIGARO-E3 offers a detailed multi-regional input-output database with environmental and labor extensions. This enhanced resource enables more accurate footprint calculations, aligning with official statistics.

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Area of Science:

  • Environmental accounting
  • Economic modeling
  • Sustainable development

Background:

  • Existing multi-regional input-output (MRIO) databases lack sectoral detail for accurate environmental and social footprint analysis.
  • Official databases often have limitations in granularity and extensions required for comprehensive assessments.
  • There is a need for a highly disaggregated MRIO database with integrated environmental and labor data.

Purpose of the Study:

  • To develop FIGARO-E3, a highly disaggregated multi-regional input-output (MRIO) database for 2015.
  • To extend the database with labor and environmental accounts, including greenhouse gas emissions and energy use.
  • To ensure consistency with official statistics while providing greater sectoral detail.

Main Methods:

  • Disaggregation of the official FIGARO database (46 countries, 64 industries/products) to 175 industries and 213 products using EXIOBASE monetary structures.
  • Integration of labor accounts (employment by gender and skill) using OECD and EXIOBASE data.
  • Incorporation of energy accounts from IEA balances and GHG emission accounts (CO2, CH4, N2O, fluorinated gases) from IEA and EDGAR data, with Eurostat reconciliation for European countries.

Main Results:

  • Creation of FIGARO-E3, a detailed MRIO database for 2015 with enhanced labor and environmental extensions.
  • The database achieves a resolution of 175 industries and 213 products.
  • Labor, energy, and GHG emission accounts are integrated and largely consistent with official statistics.

Conclusions:

  • FIGARO-E3 provides a significantly more detailed and extended MRIO database compared to existing official sources.
  • The database facilitates more accurate calculations of environmental and social footprints.
  • FIGARO-E3 serves as a valuable tool for economic and environmental policy analysis and research.