Simultaneously Balancing Supply-Use Tables at current and constant prices

Owing to the considerable complexity of obtaining balanced accounting systems simultaneously at both constant and current prices, most countries publish national accounting data at current prices and only for a small number of aggregates at constant prices. In this paper, a suitable method is proposed to balance a very large set of National Accounts simultaneously at current and constant prices. The method is more flexible compared to the others in literature, and allows the consistency of the system of deflators to be controlled. An application to the Italian 2006 Supply-Use tables has been worked out, and it has yielded good outcomes.