This paper documents the procedures of constructing China’s input-output tables (IOTs) and supply-use tables (SUTs) in time series for the period 1981-2010 under the East Asian Industrial Productivity/China KLEMS Project. We begin with basic data problems in terms of inconsistencies in concept, coverage, and classification of Chinese national accounts (NAs) and biases of using the NA implicit g...

uneventful pregnancies giving rise to unaffected children had the screening programme been offered to them: a tricky concept. (It is not easy to see how that estimate of cost is obtained from their abbreviated table III.) The cost of permanent care of people born with Down's syndrome relative to that of an assumed normal birth cohort is so low partly because the estimated cost of permanent care...

The economic, social and environmental costs of food waste are being increasingly recognised. Food waste consists of both edible and inedible components. Whilst wastage of edible food is problematic for obvious reasons, there are also costs associated with the disposal of the inedible fraction to landfill. This is the third in a series of papers examining the costs of food waste throughout the ...

The market demand for the Treasury Inflation-Protected Securities (TIPS) is rather small. This puzzling, as we show that an agent, who derives utility from real wealth and dynamically invests into multiple asset classes over a 30-year horizon, incurs certainty equivalent loss of 1.6% per annum not investing in inflation-indexed bonds. However, if investor suffers money illusion, perceived only ...

Does trade liberalization foster total factor productivity (TFP) growth in the manufacturing sector? Does sectoral trade orientation determine sectoral TFP levels and growth rates? These questions are addressed using pooled pre-and post-liberalization panel data from Cameroonian firms of eight manufacturing industries. A single production function for the whole manufacturing sector is estimated...