Difference between revisions of "Industry Technology Assumption"

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== Definition ==
 
== Definition ==
'''Industry Technology Assumption'''. By this assumption, each industry’s production requires a unique set of inputs, no matter which product it is producing. This assumption provides the basis for the mechanical calculation of the total requirements tables in the I-O accounts. See also Handbook of Input-Output Table Compilation and Analysis, Studies in Methods, Handbook of National Accounting, Series F, No. 74, (New York: United Nations, 1999): 88.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref>
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'''Industry Technology Assumption'''. By this assumption, each industry’s production requires a unique set of inputs, no matter which product it is producing.  
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This assumption provides the basis for the mechanical calculation of the total requirements tables in the I-O accounts. See also Handbook of Input-Output Table Compilation and Analysis, Studies in Methods, Handbook of National Accounting, Series F, No. 74, (New York: United Nations, 1999): 88.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref>
  
 
== References ==
 
== References ==

Latest revision as of 23:37, 13 November 2023

Definition

Industry Technology Assumption. By this assumption, each industry’s production requires a unique set of inputs, no matter which product it is producing.

This assumption provides the basis for the mechanical calculation of the total requirements tables in the I-O accounts. See also Handbook of Input-Output Table Compilation and Analysis, Studies in Methods, Handbook of National Accounting, Series F, No. 74, (New York: United Nations, 1999): 88.[1]

References

  1. Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009