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OpenIO v2.11.1

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@MaximeAgez MaximeAgez released this 15 Jul 18:10

v2.11.1 is a correction of v2.11.

  • The endogenized capital matrix of exiobase was updated and we prevented impossible values from normalizing this capital matrix (sum of the row cannot exceed 1$). This created a significant decrease of the share of foreign capital goods impacts.
  • Through the new endogenization of capitals approach in v2.11, residential buildings were treated as regular capital goods, while in reality they are not used for production. As a result, we now convert residential buildings capital formation to a typical household final expenditure (as was done in v2.10 for example). This leads to an increase of their emissions compared to v2.11.

Overall the two corrections kind of compensate each other, at the national/total level. However, the contributions of the different economic sectors between 2.11 and 2.11.1 are very different.