Difference between revisions of "Total Requirements Coefficients"

From Open Risk Manual
 
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These coefficients (expressed as per dollar of output delivered to final demand) reflect  
 
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  
+
* 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>
+
* 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 ==

Latest 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

  • the initial final demand for the output of a given industry or commodity, and
  • both direct and indirect requirements resulting from the initial demand.[1]

References

  1. Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009