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The Extraction of Technical Coefficients from Input and Output Data

In: Input–Output Economics: Theory And Applications Featuring Asian Economies

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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. 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.

Suggested Citation

  • Thijs ten Raa, 2009. "The Extraction of Technical Coefficients from Input and Output Data," World Scientific Book Chapters, in: Input–Output Economics: Theory And Applications Featuring Asian Economies, chapter 8, pages 111-120, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789812833679_0008
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    Cited by:

    1. 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.
    2. 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.
    3. Jutta Günther & Maria Kristalova & Udo Ludwig, 2019. "Structural stability of the research & development sector in European economies despite the economic crisis," Journal of Evolutionary Economics, Springer, vol. 29(5), pages 1415-1432, November.
    4. 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.
    5. Accolley, Delali, 2016. "Physical and Human Capital over the Business Cycle," MPRA Paper 71017, University Library of Munich, Germany.

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