Output Requirements

From Open Risk Manual

Definition

Output Requirements. Derived from the I-O total requirements tables, the output requirements show the amount of output required to satisfy a given level of final-use expenditures.

For the commodity-by-commodity total requirements table, it is the production required both directly and indirectly of the commodity at the beginning of each row per dollar of delivery to final use of the commodity at the top of the column.

For the industry-by- commodity total requirements table, it is the industry output required to deliver a dollar of a commodity to final users.

For the industry-by- industry total requirements table, it is the industry output required to deliver a dollar of industry output to final users.[1]

References

  1. Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009