Difference between revisions of "Total Requirements Coefficients"

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Revision as of 22:55, 13 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

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