Aggregation
From Open Risk Manual
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Definition
Aggregation, in accounting context, is the addition of assets, liabilities, equity, income or expenses that have similar characteristics and are included in the same Classification
In Input-Output model context, the combining of detailed subgroups to form a larger group. For example, detailed I-O items are aggregated to I-O commodities, and detailed industries are aggregated to summary industries and sectors for publication.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009