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The Extraction of Technical Coefficients from Input and Output Data

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  • Thijs Ten Raa

Abstract

Presumably, input-output coefficients reflect technology, and these coefficients measure the input requirements per unit of product. This 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.

Suggested Citation

  • Thijs Ten Raa, 2007. "The Extraction of Technical Coefficients from Input and Output Data," Economic Systems Research, Taylor & Francis Journals, vol. 19(4), pages 453-459.
  • Handle: RePEc:taf:ecsysr:v:19:y:2007:i:4:p:453-459
    DOI: 10.1080/09535310701698597
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    Cited by:

    1. Genovese, Andrea & Acquaye, Adolf A. & Figueroa, Alejandro & Koh, S.C. Lenny, 2017. "Sustainable supply chain management and the transition towards a circular economy: Evidence and some applications," Omega, Elsevier, vol. 66(PB), pages 344-357.
    2. Accolley, Delali, 2016. "Physical and Human Capital over the Business Cycle," MPRA Paper 71017, University Library of Munich, Germany.
    3. Dadhich, P. & Genovese, A. & Kumar, N. & Acquaye, A., 2015. "Developing sustainable supply chains in the UK construction industry: A case study," International Journal of Production Economics, Elsevier, vol. 164(C), pages 271-284.
    4. Thomas Wiedmann & John Barrett, 2010. "A Review of the Ecological Footprint Indicator—Perceptions and Methods," Sustainability, MDPI, Open Access Journal, vol. 2(6), pages 1-49, June.

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    Keywords

    Input-output coefficient;

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