Application of method of bilateral estimation of the output multiplier in the absence of a complete input-output table: Example of Germany and France

This paper proposes a method that allows for individual indicators of technological matrix to receive bilateral and point estimates of output multipliers. The proposed approach not only confirms previous results obtained by other authors, but also improves them. The ex post forecast for the 1995–2009 produced for 34 sectors of German and French industry proves the sufficient accuracy of the proposed estimators.