The Extraction of Technical Coefficients from Input and Output Data

Thijs ten Raa

Chapter 8 in Input–Output Economics: Theory and Applications:Featuring Asian Economies, 2009, pp 111-120 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractPresumably, input–output coefficients reflect technology, and these coefficients measure the input requirements per unit of product. The concept has been extended to consumption theory, where it models expenditure shares. Input–output coefficients are extracted from the national accounts of an economy, by taking average proportions between inputs and outputs. Since the latter represent all sorts of inefficiencies, this practice blurs the measurement of technology. Input requirements are better measured by minimal proportions between inputs and outputs. This approach separates the measurement of technology from that of productive efficiency.

Keywords: Input–Output Analysis; National Accounts; Productivity; Performance; Canadian Economy; Chinese Economy; Indian Economy; Asian Economics (search for similar items in EconPapers)
Date: 2009
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Journal Article: The Extraction of Technical Coefficients from Input and Output Data (2007)
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