THE VALUATION OF TRANSACTIONS IN INPUT‐OUTPUT TABLES

Abstract

There has been very little written discussion of how transactions should be valued in an input‐output table. Conventional wisdom, however, prefers the use of ‘basic’ prices (in which flows are valued net of distributive margins and net indirect taxes) and the first part of this paper explores the reasoning behind this approach.

Citation

BULMER‐THOMAS, V. (1978), "THE VALUATION OF TRANSACTIONS IN INPUT‐OUTPUT TABLES", Journal of Economic Studies, Vol. 5 No. 1, pp. 1-19. https://doi.org/10.1108/eb008069