Difference between revisions of "Homogeneity Principle"
From Open Risk Manual
Wiki admin (talk | contribs) (Initial Entry) |
(No difference)
|
Revision as of 22:55, 13 November 2023
Definition
Homogeneity Principle. One of the three fundamental principles underlying the I-O accounts. Under this principle, each industry’s output is produced with a unique set of inputs or a unique production function. The other two principles are consistency and proportionality.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
