Difference between revisions of "Domestic Supply"
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== Definition == | == Definition == | ||
| − | '''Domestic Supply'''. Domestic supply is both a NIPA and an industry accounts term. In the NIPAs and in the pre-1997 benchmark I-O accounts, it represents the value of the commodity produced by domestic firms (valued at producers' prices) plus imports, transportation costs, and wholesale margin, minus exports and inventory change. Beginning with the 1997 benchmark I-O accounts and in the annual I-O accounts, it represents the value of the commodity produced by domestic firms (valued at basic prices) plus imports and sales from final uses, minus exports and inventory change. It does not include commodity taxes, transportation costs, and wholesale margin.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | + | '''Domestic Supply'''. Domestic supply is both a NIPA and an industry accounts term. |
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| + | In the NIPAs and in the pre-1997 benchmark I-O accounts, it represents the value of the commodity produced by domestic firms (valued at producers' prices) plus imports, transportation costs, and wholesale margin, minus exports and inventory change. | ||
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| + | Beginning with the 1997 benchmark I-O accounts and in the annual I-O accounts, it represents the value of the commodity produced by domestic firms (valued at basic prices) plus imports and sales from final uses, minus exports and inventory change. | ||
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| + | It does not include commodity taxes, transportation costs, and wholesale margin.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | ||
== References == | == References == | ||
Latest revision as of 23:22, 13 November 2023
Definition
Domestic Supply. Domestic supply is both a NIPA and an industry accounts term.
In the NIPAs and in the pre-1997 benchmark I-O accounts, it represents the value of the commodity produced by domestic firms (valued at producers' prices) plus imports, transportation costs, and wholesale margin, minus exports and inventory change.
Beginning with the 1997 benchmark I-O accounts and in the annual I-O accounts, it represents the value of the commodity produced by domestic firms (valued at basic prices) plus imports and sales from final uses, minus exports and inventory change.
It does not include commodity taxes, transportation costs, and wholesale margin.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
