Indirect Requirements Coefficients
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Definition
Indirect Requirements Coefficients. Ratios that show the production required of an industry and of all other industries to meet that industry’s initial demand for production.
The coefficient can be calculated as the total requirements matrix less the identity matrix less the direct requirements matrix.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009