Total Requirements Coefficients
From Open Risk Manual
Definition
Total Requirements Coefficients. I-O coefficients that estimate overall production required to produce a dollar of output.
These coefficients (expressed as per dollar of output delivered to final demand) reflect
- the initial final demand for the output of a given industry or commodity, and
- both direct and indirect requirements resulting from the initial demand.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
