Difference between revisions of "Consistency Principle"
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== Definition == | == Definition == | ||
| − | '''Consistency Principle'''. One of the three fundamental principles underlying the I-O accounts. Under this principle, the data compiled from one source are comparable with the data compiled from another source. For example, in accordance with this principle, the estimates shown in the I-O accounts should be consistent with the underlying source data and with the estimates shown in the national accounts. In the United States, NAICS provides a consistent basis for classification that enables comparisons across the broad range of economic statistics. The other two principles are homogeneity and proportionality.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | + | '''Consistency Principle'''. One of the three fundamental principles underlying the I-O accounts. Under this principle, the data compiled from one source are comparable with the data compiled from another source. |
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| + | For example, in accordance with this principle, the estimates shown in the I-O accounts should be consistent with the underlying source data and with the estimates shown in the national accounts. | ||
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| + | In the United States, NAICS provides a consistent basis for classification that enables comparisons across the broad range of economic statistics. The other two principles are homogeneity and proportionality.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | ||
== References == | == References == | ||
<references/> | <references/> | ||
| − | [[Category: | + | [[Category:EEIO]] |
Revision as of 23:17, 13 November 2023
Definition
Consistency Principle. One of the three fundamental principles underlying the I-O accounts. Under this principle, the data compiled from one source are comparable with the data compiled from another source.
For example, in accordance with this principle, the estimates shown in the I-O accounts should be consistent with the underlying source data and with the estimates shown in the national accounts.
In the United States, NAICS provides a consistent basis for classification that enables comparisons across the broad range of economic statistics. The other two principles are homogeneity and proportionality.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
