Difference between revisions of "Total Requirements Coefficients"
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== Definition == | == Definition == | ||
| − | '''Total Requirements Coefficients'''. I-O coefficients that estimate overall production required to produce a dollar of output. These coefficients (expressed as per dollar of output delivered to final demand) reflect (a) the initial final demand for the output of a given industry or commodity, and (b) both direct and indirect requirements resulting from the initial demand.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | + | '''Total Requirements Coefficients'''. I-O coefficients that estimate overall production required to produce a dollar of output. |
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| + | These coefficients (expressed as per dollar of output delivered to final demand) reflect | ||
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| + | (a) the initial final demand for the output of a given industry or commodity, and | ||
| + | (b) both direct and indirect requirements resulting from the initial demand.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | ||
== References == | == References == | ||
Revision as of 15:42, 16 November 2023
Definition
Total Requirements Coefficients. I-O coefficients that estimate overall production required to produce a dollar of output.
These coefficients (expressed as per dollar of output delivered to final demand) reflect
(a) the initial final demand for the output of a given industry or commodity, and (b) both direct and indirect requirements resulting from the initial demand.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
