What is the industry input coefficient?
Input coefficients are obtained by dividing input with output. Input coefficients, as known as technology coefficient, represents the input required under certain production technological standard.
Depending on the type of input, input coefficients can be calculated for domestic and imported products. These input coefficients express the direct purchase ratio of domestic or imported products when a sector produces a unit of products, and further reveal degree of self-sufficiency and degree of dependence on imports.