Use Table
Definition
The Use Table (or Use Matrix) shows the use of goods and services by product and by type of use for intermediate consumption by industry, final consumption expenditure (final demand), gross capital formation or exports.
The use table also shows the components of gross value added by industry for compensation of employees, other taxes less subsidies on production, consumption of fixed capital, and net operating surplus. The costs of production are shown in the columns of the use table for each industry.
The Use Matrix shows the consumption of commodities by each industry or final user. The entries in a row represent the dollar value of the commodity consumed by each industry or final user. The total output of each commodity is the sum of all intermediate uses of the commodity by industries and all sales to final users, or the sum of the row entries. The entries in a column represent the dollar value of each commodity and value-added component used by the industry. The total output of each industry is the sum of all intermediate uses of all commodities and value added, or the sum of the column entries.
For the economy as a whole, the total of all final uses of commodities equals the sum of all value added by all industries, or GDP. Use tables are produced for industries both before redefinitions and after redefinitions. It is one of the two primary tables in the I-O accounts. The use table, together with the make table, is used to derive the I-O total requirements tables.[1]
Usage
The Total Output of an industry at basic prices corresponds to the total output of an industry as reported in the supply table.
If the industry output is given and the intermediate consumption of products determined in the use table, value added of an industry can be estimated as a residual variable.
However, if the main components of value added (compensation of employees, other net taxes on production, consumption of fixed capital) are given, net operating surplus is treated as the final residual variable.
In the use table, Total Output and Value Added are recorded at basic price.
References
- Eurostat SUT Manual
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
