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What is the difference between input-output table and supply use table?
The essential difference between the supply and use tables and the symmetric input-output table is therefore that the former tables relate products to industries and the latter table relates products to products or industries to industries.
What is the difference between SUT and IOT?
IOTs are necessarily square but SUTs are not. SUTs are produced for Commodity x Industry based on source data. IOTs could be either produced as Product-by-Product IOTs and Industry-by-Industry IOTs.
What is a supply table?
The Supply Table describes how goods and services become available in an economy during a certain period of time. Products are either produced in the domestic industry or imported. ▪ The Use Table shows how goods and services are used in the economy during a certain period of time.
What are the main points regarding supply table?
The supply table describes the supply of products which are produced domestically or imported and comprises three sections: domestic output by industries, imports, and margins and taxes on products. The domestic output table presents industries across columns and products across rows.
What is the use of input output table?
An input-output table is a way to show the relationship between numbers. Think of input-output tables like machines: An input-output table has an input, which is the number that goes in. An input-output table has a rule, which is what happens to the number in the table.
What is the supply and use table framework?
The total supply at purchasers' prices initially serves as control for total use at purchasers' price in the use matrix. As seen from the above, the Supply and Use Table framework contains two matrices: the Supply Table and the Use Table, which includes Intermediate Uses and the Final Uses.
What is the supply and use table in South Africa?
The supply and use tables (SUTs) include all transactions in goods and services in an economy during a specific year in a matrix format. The SUTs, often regarded as the cornerstone of the System of National Accounts 2008 (SNA 2008), have both statistical and analytical functions.
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