Secondary Product

From Open Risk Manual

Definition

Secondary Product. A good or service that is produced by an industry in addition to its primary product. Secondary products are the primary product of another industry.

Secondary products in the I-O accounts are termed:

  • redefinitions
  • reclassifications, and
  • other secondary products.[1]

References

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