Input-output (I-O) output multipliers

What is Input-output (I-O) output multipliers?

Input-output (I-O) output multipliers meaning Estimate of output required to satisfy a given level of final use. There are three I-O output multipliers, all of which correspond to the total requirements tables. The first shows the total commodity output required to deliver a dollar of a commodity to final uses. The second shows the total industry output required to deliver a dollar of a commodity to final uses. The third shows the total industry output required to deliver a dollar of an industry’s output to final uses. Related terms: I-O accounts.

 

reference: BEA Bureau of Economic Analysis. US Department of Commerce

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