Difference between revisions of "Primary Inputs"

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Revision as of 22:55, 13 November 2023

Definition

Primary Inputs. Capital and labor inputs to production. Value added consists of the costs - such as compensation, profits, and depreciation - that are related to these inputs. When the total requirements tables are calculated, there are no further impacts associated with the primary inputs.[1]

References

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