Basic Value Tables
Basic Value Tables. An alternative presentation of the I-O accounts recommended by the 1993 System of National Accounts. The basic value tables consist of a supply table and a use table. Industry and commodity output are measured in Basic Value, which excludes commodity taxes and duties but includes subsidies.
The supply table is a variation of the make table; it is transposed from the make table and includes imports, thus enabling the calculation of supply. The use table shows transactions in purchasers’ value, and value added includes subsidies and excludes sales and excise taxes collected by the industry on behalf of government.
- Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009