Difference between revisions of "Technical Coefficient Matrix"
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| + | == Definition == | ||
| + | A '''Technical Coefficient Matrix''' is the collection of all [[Input-Output Coefficient | input-output coefficients]] (also Technology Matrix, Direct Coefficients Matrix). It is the central element of an [[Input-Output Model]] (Also total inter-industry requirements). The input coefficients for all of the intermediate inputs and all value components add up to one (100%). | ||
| + | |||
| + | == Formula == | ||
| + | It is often denoted as the <math>A</math> matrix | ||
| + | |||
| + | == Issues and Challenges == | ||
| + | “Accounting coefficient” would be a better term than “technical coefficient”, since what we have are monetary amounts and not quantities. However, the term “technical coefficient” is generally used.<ref>Understanding National Accounts F.Lequiller, D. Blades, OECD 2014</ref> | ||
| + | |||
| + | == See Also == | ||
| + | * [[Input-Output Model]] | ||
| + | |||
| + | == References == | ||
| + | <references/> | ||
| + | |||
| + | [[Category:EEIO]] | ||
| + | |||
| + | {{#set:Has Formula = HAS_FORMULA}} | ||
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Revision as of 16:44, 28 February 2022
Definition
A Technical Coefficient Matrix is the collection of all input-output coefficients (also Technology Matrix, Direct Coefficients Matrix). It is the central element of an Input-Output Model (Also total inter-industry requirements). The input coefficients for all of the intermediate inputs and all value components add up to one (100%).
Formula
It is often denoted as the 
matrix
Issues and Challenges
“Accounting coefficient” would be a better term than “technical coefficient”, since what we have are monetary amounts and not quantities. However, the term “technical coefficient” is generally used.[1]
See Also
References
- ↑ Understanding National Accounts F.Lequiller, D. Blades, OECD 2014
