Coverage Adjustment
From Open Risk Manual
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Definition
Coverage Adjustment. Estimates that are made to account for information that is missing from the source data, either because the data were not collected or because the data were not complete or correct.
For example, in the output estimates for the I-O tables, coverage adjustments are made for tax misreporting, imputations of own-account software, taxes, and tips.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
