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Social Science Categories
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| Definition Of: |
Redefinition
An
adjustment made to the input-output
(I-O) accounts when a secondary
product is assumed to have very different inputs than the other
products of the producing industry. The secondary product (output
and inputs) is moved (âredefinedâ) to the industry to which the
product is primary. The adjustment is necessary to attain a
homogenous input structure for the commodities produced by an I-O
industry.
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BEA Economic Analysis Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 A: Page 1 of 1.
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