Input-Output

The role of EEIO frameworks in Green Public Procurement monitoring

The role of EEIO frameworks in Green Public Procurement monitoring

In this post we provide a summary of the methodological approach and the opportunities and challenges when using Environmentally Extended Input-Output databases and models to assist with the implementation of Green Public Procurement Monitoring Processes.

Reading Time: 17 min.

Motivation

The public sector avails of significant purchasing power when contracting with the private sector for goods, works and services. This provides it with meaningful leverage across a good fraction of economic activity. Significant efforts are underway worldwide to utilize this leverage towards achieving sustainability goals. Yet implementing sustainable procurement at scale remains a task of enormous complexity that requires significant investment in different areas: in developing suitable policies, in establishing appropriate information flows and methodologies and, not least, in embedding these new practices and behaviors across swathes of economic activity.

In this blog post we provide a brief overview of how an important class of economic analysis tools termed EEIO, or environmentally extended input-output frameworks, can be utilized to support the implementation of key public procurement sustainability objectives. We sketch the nature of these tools, how they can be used to provide relevant information, and the pros and cons of such an approach.

Input-Output Models as Graph Networks

Input-Output Models as Graph Networks

We discuss the relation of economic input-output models with graph theory and networks

Reading Time: 1 min.

Course Objective

The objective of the course is to discuss the relation of economic input-output models with graph theory and networks.

Open Risk Academy Course: Input-Output Models with Python

Open Risk Academy Course: Input-Output Models with Python

A DeepDive Course into using Python to work with Input-Output Models

Reading Time: 2 min.

What are Input-Output Models?

Environmentally Extended Multi-Regional Input-Output (EE-MRIO) tables describe economic relationships of economic actors (e.g. industrial sectors) operating within and between regions and their environmental repercussions.

An EE MRIO augments the more basic and historically first proposed Input-Output Models (IO) with additional datasets and/or modeling assumptions in order to provide insights into the environmental foorprint of economic activity. Presently, the emphasis on negative externalities of economic activity (e.g., climate change, biodiversity loss) turns EE MRIO models into a useful conceptual and analytic tool. Yet a good grounding on the underlying IO models is a prerequisite and this is the focus of this new course that is now available at the Open Risk Academy.