Difference between revisions of "Intermediate Inputs"
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== Definition == | == Definition == | ||
| − | '''Intermediate Inputs'''. Purchases of goods and services - such as energy, materials, and purchased services - that are used for the production of other goods and services rather than for final consumption. These inputs are sometimes referred to as current-account expenditures. They do not include any capital-account purchases nor do they include the inputs from the primary factors of production (capital and labor) that are components of value added.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | + | '''Intermediate Inputs'''. Purchases of goods and services - such as energy, materials, and purchased services - that are used for the production of other goods and services rather than for final consumption. |
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| + | These inputs are sometimes referred to as current-account expenditures. They do not include any capital-account purchases nor do they include the inputs from the primary factors of production (capital and labor) that are components of value added.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | ||
== References == | == References == | ||
<references/> | <references/> | ||
| − | [[Category: | + | [[Category:EEIO]] |
Latest revision as of 23:41, 13 November 2023
Definition
Intermediate Inputs. Purchases of goods and services - such as energy, materials, and purchased services - that are used for the production of other goods and services rather than for final consumption.
These inputs are sometimes referred to as current-account expenditures. They do not include any capital-account purchases nor do they include the inputs from the primary factors of production (capital and labor) that are components of value added.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
