Industry Technology Assumption
From Open Risk Manual
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
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
