94 economic sectors Consequently, the base year for this research is set as 2014 based on this extension, and after updating the IO table’s 2007 data by deploying the World Bank’s (2015) updated infor[.]
94 economic sectors Consequently, the base year for this research is set as 2014 based on this extension, and after updating the IO table’s 2007 data by deploying the World Bank’s (2015) updated information on world development indicators Intermediate Demand Final Demand Exports Energy Food Energy Food Energy Food Energy Sectors/ Total Output Domestic Energy Commodities Food aij [A] bik [B] Xj cmj [C] dmj [D] Mm Primary Factor Cvj dvk Vv Total Input Xj Fk Water Other Imports Energy Food Water Other Figure 4-4: Extended I-O Table with Energy, Food and Water Sectors b) Establishing the I-O model’s coverage The I-O model’s coverage must be established to aggregate the original I-O table from 149 economic sectors to 54; this is then divided into four main categories: food, energy, water and others Table 4-1 represents the list of sectors, commodities, primary production factors, and final demand categories after aggregation for the new I-O model deployed in this research