NAICS sectoring macro
I have the industry balance sheet exported to Excel and would like to aggregate the absorption and input values by 2 or 3-digit NAICS. By any chance would you have a macro for excel that would translate the Implan sectors into a 3-digit NAICS? I know I can aggregate my model but I am doing industry balance sheets for 5 or 6-digit industries and this isn't possible after aggregation.
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One of the cool things about the trade flow model, is that aggregating the model doesn't change the trade flows, they are simply added together. Do the balance sheets with the unaggregated and aggregate another model for the other reports. While the trade flows don't change you will still run into aggregation bias with the multipliers.
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