Primary Inputs: Difference between revisions
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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
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
