Difference between revisions of "Final Uses"
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== Definition == | == Definition == | ||
| − | '''Final Uses'''. The consumption of the goods and services that are produced and distributed in the economy. In the I-O accounts, final-use transactions consist of the transactions that make up the final-expenditure components of GDP: Personal consumption expenditures | + | '''Final Uses'''. The consumption of the goods and services that are produced and distributed in the economy. <ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> |
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| + | In the I-O accounts, final-use transactions consist of the transactions that make up the final-expenditure components of GDP: | ||
| + | * Personal consumption expenditures | ||
| + | * private fixed investment | ||
| + | * change in private inventories | ||
| + | * exports of goods and services | ||
| + | * imports of goods and services and | ||
| + | * Federal, state, and local government consumption expenditures and gross investment (including investment by government enterprises). | ||
== References == | == References == | ||
<references/> | <references/> | ||
| − | [[Category: | + | [[Category:EEIO]] |
Revision as of 23:26, 13 November 2023
Definition
Final Uses. The consumption of the goods and services that are produced and distributed in the economy. [1]
In the I-O accounts, final-use transactions consist of the transactions that make up the final-expenditure components of GDP:
- Personal consumption expenditures
- private fixed investment
- change in private inventories
- exports of goods and services
- imports of goods and services and
- Federal, state, and local government consumption expenditures and gross investment (including investment by government enterprises).
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
