Difference between revisions of "Prorate"
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== Definition == | == Definition == | ||
| − | '''Prorate'''. A statistical technique for allocating a product to consuming industries and/or final uses that may be used in the absence of specific consumption information. It distributes the product to a specific set of consumers in proportion to some variable with a known distribution that is closely related to the use of that product by those consumers. For example, in previous I-O benchmarks, prorates were used to allocate gasoline and tire purchases to particular industries based on miles driven.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | + | '''Prorate'''. A statistical technique for allocating a product to consuming industries and/or final uses that may be used in the absence of specific consumption information. It distributes the product to a specific set of consumers in proportion to some variable with a known distribution that is closely related to the use of that product by those consumers. |
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| + | For example, in previous I-O benchmarks, prorates were used to allocate gasoline and tire purchases to particular industries based on miles driven.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | ||
== References == | == References == | ||
Latest revision as of 23:55, 13 November 2023
Definition
Prorate. A statistical technique for allocating a product to consuming industries and/or final uses that may be used in the absence of specific consumption information. It distributes the product to a specific set of consumers in proportion to some variable with a known distribution that is closely related to the use of that product by those consumers.
For example, in previous I-O benchmarks, prorates were used to allocate gasoline and tire purchases to particular industries based on miles driven.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
