Technical Coefficient Matrix
From Open Risk Manual
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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
