Input-output
How are production, imports, consumption, investment and exports linked in the Danish economy? Input-output tables show connections between industries, imports and final use, and they are used, among other things, for analyses of direct and indirect effects on production, employment, imports and climate footprint.
Selected statistics on Input-output
Supply of goods and services
The main sources for compiling supply and use tables in current prices are the following:
- Accounts statistics for non-agricultural private sector (SBS)
- Sales by manufacturing industries (PRODCOM)
- General enterprise statistics
- Manufacturers' purchases of goods and services
- Accounts for public corporations
- Economic accounts for agriculture
- Government finance statistics
- Financial industries and FISIM compiled on a NA basis
- Accounts statistics for non-profit institutions serving households (NPISH)
- Energy accounts
- Balance of payments and external trade statistics
- Household budget survey
The main sources for the compilation of supply and use tables in previous year prices are:
- Producer price indices for goods and services
- Producer price indices for construction
- Construction cost indices
- Consumer price indices and net price indices (consumer price indices excluding taxes)
- Price indices for agricultural sales
- Wage indices
- Unit price indices from import and export statistics
- Volume indicators: Energy supply and use, transportation, final individual consumption expenditure of government
The balancing process of the SUTs serves as a central control of the quality and liability of the data. The compilation of SUTs is not solely to provide a reliable base for IOT, but also to provide a confrontation between estimates from different sources at a very detailed level. See also section 18.4.
The input-output table is almost entirely based on the SUTs. The only exceptions are the elements of Gross value added; Other taxes on production, Compensation of employees and Gross operating surplus and mixed income are all obtained from other sources in the national accounts.
Use of goods and services
Data sources include:
Administrative data, accounting statements, tax data, statistical surveys of businesses and households, trade statistics on goods and services, balance of payments information and energy accounts.
For an overview of sources on industry level see Branchefordelt kildeoversigt (In Danish).
Employment multiplier for housing investment
The source of this statistics is entirely the Input-output tables for Denmark. A description of these sources can be found in
Import-adjusted growth contribution
The main sources for compiling supply and use tables in current prices are the following:
- Accounts statistics for non-agricultural private sector (SBS)
- Sales by manufacturing industries (PRODCOM)
- General enterprise statistics
- Manufacturers' purchases of goods and services
- Accounts for public corporations
- Economic accounts for agriculture
- Government finance statistics
- Financial industries and FISIM compiled on a NA basis
- Accounts statistics for non-profit institutions serving households (NPISH)
- Energy accounts
- Balance of payments and external trade statistics
- Household budget survey
The main sources for the compilation of supply and use tables in previous year prices are:
- Producer price indices for goods and services
- Producer price indices for construction
- Construction cost indices
- Consumer price indices and net price indices (consumer price indices excluding taxes)
- Price indices for agricultural sales
- Wage indices
- Unit price indices from import and export statistics
- Volume indicators: Energy supply and use, transportation, final individual consumption expenditure of government
The balancing process of the SUTs serves as a central control of the quality and liability of the data. The compilation of SUTs is not solely to provide a reliable base for IOT, but also to provide a confrontation between estimates from different sources at a very detailed level. See also section 18.4.
The input-output table is almost entirely based on the SUTs. The only exceptions are the elements of Gross value added; Other taxes on production, Compensation of employees and Gross operating surplus and mixed income are all obtained from other sources in the national accounts.
On the statistics – documentation, sources and method
See the documentation of statistics to learn more:
Economic multipliers measure the effect on e.g. production, income or employment at a detailed industry level, following a 1 million DKK "shock" to final use in an industry or in a final use category. Multipliers are not statistics in the traditional sense but may be termed more correctly as model calculations. As it is not entirely uncomplicated to calculate multipliers, a collection of the most used multipliers are made available for download this way. The statistics is a resume - now in electronic form - of the publication Danish input-output tables and analyses, that was published annually in a period up until 2011.
Employment and wages in national accounts shed light on labor market developments in a way that makes it possible to compare labor market developments with developments in, for example, GDP, production, and value added, as measured in national accounts.
Supply and use tables are the cornerstone of the Danish national accounts. Here, data for the circulation of goods and services, between Denmark and abroad, enterprises and final consumption are organized in a way that enables full balancing. A number of national accounts variables, including GDP, are published from here. The tables are used to compile input-output tables, which detail the relationships between production, imports and uses in the economy. Conversion to an input-output model enables calculations of multiplier effects, which are indirect relationships in the economy.