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Uncertainty analysis UK MRIO model results: Monte Carlo analysis UK multi-region input-output model embedded carbon dioxide emissions indicator
The document describes an extension to the 'Embedded Carbon Emissions Indicator' project, specifically focusing on the uncertainty analysis of a UK-MRIO model. The study employs a Monte-Carlo analysis to determine error margins for direct and indirect carbon dioxide emissions associated with UK economic activities and trade. The process involved reviewing standard deviations of constraints, estimating input-output (IO) table uncertainties from constraints and matrix balancing, and calculating error propagation for embedded emissions. The report notes that such a thorough uncertainty analysis is rare in environmental MRIO studies.
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Document type: Report