GTAP Data Bases: What do I do with a fictitious banking sector for imputed banking charges?
Imputed Banking chargesIn cases where you have an additional column called imputed banking services which has a positive value in financial services and a negative in Gross operating surplus/value added:
| Initial Table | Non-Financial | Financial | Imputed banking charge | Total |
|---|---|---|---|---|
| financial sector | +Z | +A | +V | Z+A+V |
| non financial sector | +C | +B | 0 | C+B |
| Imputed banking charge | 0 | 0 | 0 | 0 |
| Capital | +X | +Y | -V | X+Y-V |
| Total | Z+C+X | A+B+Y | 0 |
- Apportion -V across the capital of all non-financial sectors (+X) according to each non-financial sectors share of X. Hence reducing X by V. Use X to determine shares for making the apportionment.
- Raise Z for each non-financial sector by the amount X was reduced by in (1). This will keep balance for all non-financial sectors.
- Remove imputed banking charge column and row. This will keep the financial sectors balanced as imputed banking column removed and Z was increased by V.
| Resulting Table | Non-Financial | Financial | Total |
|---|---|---|---|
| financial sector | +Z+V | +A | Z+A+V |
| non financial sector | +C | +B | C+B |
| Capital | +X-V | +Y | X+Y-V |
| Total | Z+C+X | A+B+Y |
Last Modified: 1/20/2011 8:48:03 AM
